Economic expert Saber Al-Wahsh stated exclusively to our source that following the Central Bank of Libya’s board meeting in Derna, it is likely that the bank has received assurances to curb or unify spending. He added that a key indicator of this is the continued unrestricted sale of foreign currency, supported by the regular inflow of oil revenues.
Al-Wahsh further noted that this development suggests a potential decline in the parallel market exchange rate in the coming period. However, he also emphasized the importance of the Central Bank monitoring global political shifts, particularly Trump’s threats and their potential impact on oil prices.
