The US dollar recorded a relative increase against the Libyan dinar in the parallel market on Sunday, January 11, 2026, closing in Tripoli at 8.94 dinars, after rising in trading rooms to 8.98 dinars before returning to 8.94 dinars.
In other cities, the closing price in Zliten was 8.95 dinars, while in Benghazi and Ajdabiya it was around 8.93 dinars, reflecting a continued slight disparity between regions.
As for other foreign currencies, the euro rose to 10.25 dinars, while the British pound sterling increased to 11.70 dinars, according to traders and specialized pages on social media.
In the precious metals market, the price per gram of 18-karat scrap gold saw a significant jump, reaching 956 dinars at the close. Meanwhile, foreign remittance prices were lower than the cash rate, with the dollar remittance to Turkey at 8.94 dinars and Dubai remittances at 8.955 dinars.
This comes as the Presidency of the House of Representatives received a series of apologies that emptied the official session scheduled for tomorrow, Monday, of its key attendees. Following the apology of the Governor of the Central Bank of Libya due to health reasons according to parliamentary sources, his deputy and the head of the Libyan government assigned by Parliament joined the list of those apologizing, resulting in all of them being absent from the session before the Council in Benghazi.
US dollar
The US dollar is the official currency of the United States, established by the Coinage Act of 1792. It evolved from a system based on Spanish milled dollars and became the world’s primary reserve currency following the Bretton Woods Agreement in 1944.
Libyan dinar
The Libyan dinar is the official currency of Libya, introduced in 1971 to replace the Libyan pound. It was established following the 1969 revolution that brought Muammar Gaddafi to power, symbolizing a move toward economic independence.
Tripoli
Tripoli is the capital and largest city of Libya, located on the country’s Mediterranean coast. Historically, it was founded by the Phoenicians in the 7th century BC and has since been ruled by the Romans, Arabs, Ottomans, and Italians, serving as a major port and cultural crossroads. Its historic center, the medina, contains significant landmarks like the Arch of Marcus Aurelius and the Red Castle (Assaraya al-Hamra).
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its Roman-era ruins and as a center of Islamic scholarship. It is particularly famous for the Zliten Mosaic, a well-preserved Roman floor mosaic discovered in 1913, and the city contains the mausoleum of Sidi Abd As-Salam Al-Asmar, a revered 15th-century Sufi saint.
Benghazi
Benghazi is a major city in eastern Libya, historically significant as a center of trade and culture since its founding as the Greek colony of Euesperides. It played a pivotal role in the 2011 Libyan Civil War as a key base for the uprising against Muammar Gaddafi.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a major crossroads for trans-Saharan trade routes and a center for the Senussi religious movement in the 19th and early 20th centuries. It later became a key strategic location during the Libyan Civil War in 2011.
euro
The Euro is the official currency of the European Union, used by 20 of its member states which form the Eurozone. It was introduced in non-cash form in 1999 and as physical banknotes and coins in 2002, with the goal of fostering economic integration and stability across Europe.
British pound sterling
The British pound sterling is the official currency of the United Kingdom and is the world’s oldest currency still in use, with origins tracing back to Anglo-Saxon times. Its name derives from the historical use of a pound weight of sterling silver, and it has been a major global reserve currency for centuries.
Turkey
Turkey is a transcontinental nation bridging Europe and Asia, with a rich history as the heart of the Byzantine and Ottoman Empires. Its cultural sites, such as the Hagia Sophia in Istanbul and the ancient ruins of Ephesus, reflect this layered heritage from classical antiquity through to a modern republic founded in 1923.
Dubai
Dubai is a major global city and emirate within the United Arab Emirates, historically known as a small fishing and pearling village. Its modern transformation began with the discovery of oil in the 1960s, which funded massive infrastructure projects and its development into a hub for trade, tourism, and finance. Today, it is famous for its ultramodern architecture, luxury shopping, and ambitious landmarks like the Burj Khalifa.
House of Representatives
The House of Representatives is the lower chamber of the United States Congress, established by the Constitution in 1789. It is composed of representatives elected from congressional districts, with representation based on state population.
Central Bank of Libya
The Central Bank of Libya is the primary monetary authority of Libya, established in 1956 following the country’s independence. It has played a critical and often divided role in the nation’s financial stability throughout periods of political conflict, including the 2011 civil war and subsequent unrest.
Libyan government
The Libyan government refers to the governing authority of Libya, which has experienced significant instability since the 2011 revolution that overthrew Muammar Gaddafi’s long-standing regime. Following the conflict, the country has been divided between rival administrations and factions, leading to a complex and ongoing political transition.
Council in Benghazi
The Council in Benghazi refers to the National Transitional Council (NTC), which was formed in February 2011 during the Libyan Civil War. It served as the political opposition to Muammar Gaddafi’s government and was internationally recognized as the legitimate governing authority of Libya for a period. The NTC was based in Benghazi, a city that became the de facto capital of the rebellion.
