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Tag: central bank
Libya’s Central Bank announces provision of over $3 billion to resolve liquidity crisis
The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 ... Read More
Tunisia puts final nail in central bank independence
Tunisian lawmakers are preparing a law that would remove the exclusivity of the central bank in setting the benchmark interest rate, thus ending the bank’s ... Read More
Ghana issues gold coin to boost domestic savings
Ghana’s Central Bank launched a new gold coin to boost domestic savings, manage liquidity, and strengthen the Cedi currency. The coin, made from gold mined ... Read More
Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar
The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council's decision to dismiss Central Bank Governor Al-Siddik ... Read More
The Central Bank of Libya dismissed “rumors” about its financial data
The Central Bank of Libya (CBL) has formally dismissed what it describes as erroneous information and speculative reports regarding its recently disclosed financial statements. In ... Read More
Libya’s central bank resumes operations after kidnapping of senior employee
Libya’s central bank has resumed normal operation after it was forced to suspend activities due to a kidnapping of one of its senior officials. Head ... Read More
At Brazil’s G20 summit, IMF aims to get Africa’s unsustainable debt under control
As finance ministers and central bank governors of the G20 convene in Brazil this week (25-26 July), high on the agenda will be the International ... Read More
Tanzania central bank to sell dollars to commercial bank amid liquidity crisis
Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure ... Read More
Morocco’s central bank alerts to climate change impact on monetary policy
Central Bank governor Abdellatif Jouahri warned of the impact of climate change on monetary policy and said the bank was working with the government on ... Read More
Tunisia’s autocrat curbs central bank independence
Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from ... Read More