Tag: liquidity crisis

Libya takes bold steps to address liquidity crisis with new banknote printing and digital payment initiatives

December 6, 2024

Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the ... Read More

Libya’s Central Bank announces provision of over $3 billion to resolve liquidity crisis

October 22, 2024

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

Tanzania central bank to sell dollars to commercial bank amid liquidity crisis

March 27, 2024

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

After ATMs and foodstuff, Algerians now queue for water

July 1, 2021

Algeria’s long queues seem to be there to stay fueling the wrath of a people that has suffered in recent days from a liquidity crisis, ... Read More

Algeria reels under liquidity crisis as dinar crumbles

March 22, 2021

Queues in Algerian post offices of employees waiting to receive their salaries are getting longer as the country experiences a liquidity crisis combined with higher ... Read More