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Exclusive: Central Bank Plans to Inject Foreign Currency in Coming Days to Support Exchange Market Stability

Our sources at the Central Bank of Libya confirmed that the bank plans to inject quantities of foreign currency in the coming days to support exchange market stability and improve the availability of foreign currency.

These measures come amid improvements in a number of economic indicators and oil revenues, alongside understandings and agreements with several economic partners aimed at supporting the national economy.

The sources confirmed that the Central Bank places importance on maintaining an appropriate level of foreign currency reserves to ensure sustainable monetary and financial stability, while maintaining specified levels of the deficit through the end of the year.

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