Central Bank of Libya gives the go-ahead for foreign currency coverage applications
The Central Bank of Libya has issued a statement announcing that it has decided to give permission to accept applications for foreign currency coverage starting Sunday.
The CBL explained that admission of applications will take place only if the applicants met the CBL’s requirements and the electronic system adopted by the CBL.
The electronic system is an online application that connects the commercial banks with the CBL and through which all applications must be sent, and thus the CBL will reply online with approval or declination.
The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Latest posts by Libyan Express (see all)
- Tripoli forum calls for prioritising reconciliation efforts - January 03, 2025
- China’s reported Libya dealings raise regional power questions - January 02, 2025
- Disease control center confirms no human rabies cases in Libya - January 02, 2025