The Central Bank explains in its statement the analysis of the movement of foreign exchange expenditures

The Banking Supervision Department of the Central Bank of Libya issued its report, in which it clarified the total foreign exchange expenditures for all purposes until November 30, as the total amounted to more than $21 million, compared to $21 million in the same period last year 2021, with a decrease of $473 million. 

The total bank uses amounted to more than 14 million dollars, including: documentary credits that amounted to more than 8 million dollars, tours more than 122 million dollars, and personal purposes more than 5 million.

The state’s total uses of foreign exchange amounted to about $3.631 million, including: coverage of credits and transfers of about $1 million, credits of the National Oil Corporation more than $2 million, miscellaneous transfers of $10 million, and zero cash sales.

In addition, the total uses of foreign exchange by commercial banks amounted to more than 14 million dollars, and the total amounts sold to commercial banks by banks of foreign exchange for all purposes amounted to about more than 14 million dollars.