The Central Bank of Libya told our source exclusively: “The Governor of the Central Bank of Libya will present a memorandum that includes a reform plan for the economic situation aimed at increasing the value of the Libyan dinar.”
The Central Bank stated: “If the reforms are approved and implemented within a maximum period of two months, the 15% tax imposed on foreign currency sales will be lifted, and the exchange rate at the bank will be fixed at 5.56 only, in accordance with the decision of the Bank’s Board of Directors.”
