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Central Bank of Libya
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Exclusive: With Personal Purpose Verification, Central Bank to Settle Remaining Letter of Credit Requests Worth $1.4 Billion This Week

Central Bank of Libya

The Central Bank of Libya exclusively confirmed to our source that it is working on settling the remaining letter of credit requests received from banks this week, amounting to $1.4 billion, as well as verifying personal purpose data for settlement.

The Central Bank clarified that its team is coordinating with banks on coverage procedures and ensuring proper reservation on the letters of credit platform.

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