The Central Bank of Libya told our source in an exclusive statement: “We have taken measures to correct the exchange rate, setting it at 5.56 dinars per dollar, while maintaining the 15% tax.”
The bank added: “There is still an opportunity to improve the value of the dinar by removing the tax—if reform measures and spending unification are implemented. The Central Bank will present a rapid reform plan, and we will not allow speculators to continue operating in the market.”
The statement continued: “We hope all parties will cooperate quickly. The opportunity for reform is available, and improving the situation is possible despite local and international challenges.”
