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Exclusive: Banking Source Expects Parallel-Market Dollar to Fall Below 8 Dinars Following Central Bank Measures

Our banking source told in an exclusive statement that the U.S. dollar is expected to fall below 8 dinars in the parallel market, as a result of anticipated measures by the Central Bank of Libya and the Ministry of Economy, along with the activation of exchange companies and their provision with foreign currency by the Central Bank.

The source said this will take place in accordance with the agreed mechanism, pending the announcement of the Central Bank’s procedures tomorrow or next Sunday, and the reopening of foreign currency platforms.

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