Central Bank of Libya

The Central Bank of Libya (CBL) is the monetary authority and central banking institution of Libya. It operates as an autonomous corporate body responsible for maintaining monetary stability and promoting sustained economic growth in accordance with the state's general economic policy. The bank manages Libya's currency, foreign exchange reserves exceeding $94 billion, and serves as the government's banker and fiscal agent. The CBL plays a crucial role in supervising commercial banks, regulating banking activities, and implementing monetary policy to ensure financial stability in Libya's economy.