The Central Bank of Libya revealed to our source that its Board of Directors meeting, scheduled for tomorrow, will approve a mechanism for selling U.S. dollars in cash through exchange companies, exchange offices, and commercial banks. The mechanism will also define sales commissions and the amount to be injected into the market.
The bank added that sales operations are expected to resume at the beginning of next week, alongside the issuance of important decisions aimed at preserving the value of the Libyan dinar and reducing the exchange rate.
