Central Banking

Libya’s Bengdara pleads for softer sanctions on central bank: report

The Central Bank of Libya, Tripoli

Farhat Bengdara, the governor of the Central Bank of Libya, has been lobbying foreign governments to soften sanctions on the central bank while based in Istanbul, the Wall Street Journal reported on Wednesday.

Bengdara told the newspaper in an interview conducted at Istanbul's Ataturk Airport that he "obviously" could not return to Tripoli, and confirmed that Abdulhafid Zlitni, Tripoli's minister of planning and finance and a former governor of the central bank, has been temporarily named his

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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