The Libyan Central Bank is the primary financial institution in Libya, responsible for managing the country's monetary policy and regulating the banking sector. Established in 1956, it aims to ensure financial stability and promote economic growth by controlling inflation and managing foreign exchange reserves. The bank also plays a crucial role in issuing the national currency, the Libyan dinar, and overseeing the country's payment systems. Additionally, it works to maintain the integrity of the financial system and supports the government in implementing economic policies.