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Exclusive: Central Bank: Meeting Concludes Between Governor and Bank Directors on Selling $2 Billion for Letters of Credit and Personal Purposes Starting Tomorrow

The Central Bank of Libya exclusively revealed to our source that a meeting has concluded between Governor “Naji Issa,” several commercial bank directors, and the company “Muamalat.” The meeting addressed two main topics: readiness to sell $2 billion for letters of credit and personal purposes starting tomorrow morning.

The meeting also discussed establishing a mechanism for selling foreign currency in cash and preparing an amount of $1 billion in cash to be injected as a first phase.

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