The Central Bank of Libya revealed exclusively to our source that starting tomorrow, it will continue granting approvals for letters of credit worth $1 billion, bringing the total approvals by the end of the week to $2 billion, until all credits listed on the reservation platform are settled.
The Bank’s Accounts Department is also continuing to sell foreign currency to commercial banks until the amount listed in the system — $1.7 billion — is fully exhausted, and will begin tomorrow the sale of foreign currency for personal use allocations.
