The Central Bank of Libya announced exclusively to our source that it has begun implementing a liquidity distribution plan to its issuing departments across various regions, in preparation for supplying bank branches.
It confirmed that available liquidity amounts to 5 billion dinars, in addition to shipments arriving successively from abroad to meet the needs of Eid al-Fitr, the payment of February salaries, and family (children and spouse) allowances. It also clarified that the withdrawal limit will be set at 3,000 dinars for anyone holding a bank account.
The Bank explained that once banks and exchange companies are fully prepared, it will begin tomorrow, Sunday, selling foreign currency allocations for personal purposes worth $600 million, with immediate card loading on the same day.
It also confirmed the continuation of granting new approvals for letters of credit and selling their values directly to banks, in addition to settling letters of credit whose documents have been traded at an exchange rate of 6.30 dinars per dollar.
