The Central Bank of Libya has renewed its warnings to suppliers and small traders against buying dollars before October. Through our source, the bank reiterates that the parallel market is on the verge of an inevitable decline, balancing itself as several currency denominations are scheduled to be withdrawn in a single day, in accordance with previously announced measures.
The Central Bank added: “The market’s response is supported by confidence in our measures, and the market’s discipline and alignment with the Central Bank’s actions is a positive factor.”
