{"id":256607,"date":"2026-04-05T23:16:00","date_gmt":"2026-04-05T21:16:00","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=256607"},"modified":"2026-04-06T11:18:27","modified_gmt":"2026-04-06T09:18:27","slug":"exchange-rate-expected-to-decline-al-wahsh-says-fiscal-discipline-and-curbing-speculation-are-key-to-restoring-the-dinars-strength","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exchange-rate-expected-to-decline-al-wahsh-says-fiscal-discipline-and-curbing-speculation-are-key-to-restoring-the-dinars-strength\/","title":{"rendered":"Exchange Rate Expected to Decline: Al-Wahsh Says Fiscal Discipline and Curbing Speculation Are Key to Restoring the Dinar\u2019s Strength"},"content":{"rendered":"\n<p>Economic expert <strong>Saber Al-Wahsh<\/strong> wrote an article titled:<\/p>\n\n\n\n<p><strong>Exchange Rate Expectations in the Near Term<\/strong><\/p>\n\n\n\n<p>If a disciplined development-oriented spending policy is maintained\u2014based on regular revenues rather than oil windfall revenues\u2014and if the Central Bank continues to supply the market with foreign currency in a well-calculated manner that balances market needs with reserve levels, it is likely that we will witness a gradual downward trend in the exchange rate in the parallel market.<\/p>\n\n\n\n<p>This decline will not be merely numerical; it will carry important behavioral effects, most notably a reduction in speculative demand that fuels volatility. Such speculation may gradually disappear as expectations stabilize. Demand for foreign currency for non-essential personal purposes is also expected to decline, driven by improved confidence and reduced fears of currency depreciation.<\/p>\n\n\n\n<p>As the market reaches stable and acceptable levels, this will also reflect on the demand for letters of credit\u2014especially those linked to non-productive activities or distorted practices\u2014which will lose much of their incentive in a more stable and transparent environment.<\/p>\n\n\n\n<p>In short: monetary stability is not the result of a single decision, but rather the outcome of an integrated system that includes fiscal discipline, sound liquidity management, and confidence-building. If these elements are achieved, the Libyan dinar can regain a significant part of its strength\u2014not only in its value, but also in its role as a tool for economic stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic expert Saber Al-Wahsh wrote an article titled: Exchange Rate Expectations in the Near Term If a disciplined development-oriented spending policy is maintained\u2014based on regular revenues rather than oil windfall revenues\u2014and if the Central Bank continues to supply the market with foreign currency in a well-calculated manner that balances market needs with reserve levels, it [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":256608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[683],"tags":[613],"class_list":["post-256607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-articles","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=256607"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256607\/revisions"}],"predecessor-version":[{"id":256609,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256607\/revisions\/256609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/256608"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=256607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=256607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=256607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}