The Central Bank of Libya told our source exclusively that tomorrow at noon will determine the state of the exchange rate in the parallel market, following the completion of the withdrawal of certain currency denominations, the injection of foreign currency into commercial banks, and the granting of a significant volume of letters of credit approvals to meet market demand and needs.
The Bank confirmed that the exchange rate level at which the market will stabilize will be determined, expecting a sharp decline, alongside the start of the Central Bank’s next measures.
