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Exclusive: Central Bank to Begin Distributing $500 Million Tomorrow as Part of Foreign Currency Sales Allocation

The Central Bank of Libya revealed exclusively to our source that it has concluded a meeting with several commercial banks, during which it was agreed to begin receiving part of the $1 billion allocated for sale, with an initial tranche of $500 million to be received tomorrow, Monday.

The amount will be distributed to branches designated for the sale process, with shipments also to be transferred to other regions.

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