CBL Demands Imports Are Conducted Through Official Banking Instruments and the Elimination of the FX Black Market

CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

In a series of letters leaked by credible Libyan media sites, the Central Bank of Libya (CBL) continues its efforts to positively affect the Libyan economy through retaining the value of the Libyan dinar by controlling the black-market trade in foreign exchange. Restricting imports through import licences – prerequisite payments through banks – no cashIn […] The post CBL demands imports are conducted through official banking instruments and the …

Libya’s Central Bank Governor Calls for Ban on Non-Banking Imports

The Governor of the Central Bank of Libya, Naji Essa, called on the Economy and Trade Minister, Mohamed Al-Hwaij, to reinstate a suspended regulation banning imports and exports conducted outside official banking channels. Essa cautioned that the suspension of this rule could have serious financial and security repercussions for the country. The policy, known as Decision No. 42 of 2025, was introduced by the Economy Ministry in January and took …