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Libya Banks See Slight Dollar Drop

Business 12/01/2026

Libya’s banking market recorded a slight decline in US dollar exchange rates through bank cheques at the close of trading on Jan. 8, 2026, local reports said. The dollar fell by about four qirsh but remained above the LYD 10 level across most commercial banks. The movement followed confirmation that the Central Bank started selling $1 billion to banks to meet foreign currency demand and support market stability.

Libya’s banking market recorded a slight decline in US dollar exchange rates through bank cheques at the close of trading on Jan. 8, 2026, local reports said. The dollar fell by about four qirsh but remained above the LYD 10 level across most commercial banks. The movement followed confirmation that the Central Bank started selling $1 billion to banks to meet foreign currency demand and support market stability.

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