An economic source revealed to Sada Economic Newspaper in a statement exclusively given that the National Oil Corporation transferred more than one and a half billion dollars during the month of February, with the latest transfer just days ago. However, the black market exchange rate of the dollar continues to be high due to the Central Bank’s inability to cover it.
The source questioned, saying: “It’s strange that the central bank is reducing credits and personal purposes under the pretext of insufficient foreign currency.”
The source continued, stating that the Corporation consistently transfers revenues from its external Libyan account to the Central Bank. So, where do these foreign currency funds go?