Tripoli, December 23, 2025 – The Central Bank of Libya announced on Tuesday that the value of oil revenues transferred to the bank since the beginning of December until the 23rd of the same month amounted to only about 793 million dollars.
The Central Bank confirmed in a statement that it continues to carry out foreign currency sales operations regularly and at rates that meet the needs of the local market, contributing to maintaining monetary stability and providing the requirements for economic activity.
Tripoli
Tripoli is the capital and largest city of Libya, with a history dating back to the 7th century BC when it was founded by the Phoenicians. It later became a significant part of the Roman Empire and the Ottoman Empire, which is reflected in its historic medina and Red Castle (Assaraya al-Hamra). Today, it serves as the country’s major political, economic, and cultural center.
Central Bank of Libya
The Central Bank of Libya is the primary monetary authority of Libya, established in 1956 to issue currency and manage the country’s financial reserves. Its history has been deeply affected by political conflict, particularly following the 2011 civil war, which led to a prolonged period where rival administrations in the east and west claimed control over separate branches of the institution.
Libya
Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.
