The Central Bank of Libya revealed exclusively to our source that banks will be ready from Sunday to sell U.S. dollars in cash. Around $500 million has been allocated to them\u2014exceeding current reservations in the system\u2014with approximately $300 million already prepared for sale on Sunday. Reservations will continue, and the Central Bank will cover them in cash in a continuous and organized manner.<\/p>\n\n\n\n
The Central Bank explained that next week\u2019s plan includes selling foreign currency in cash for personal purposes and covering card transactions, as well as rapidly selling $1 billion to banks to cover approved letters of credit and transfers. It will also accelerate the approval of new letters of credit and transfers worth $1 billion.<\/p>\n\n\n\n
The Bank stredded that the goal is to ease pressure on demand at banks and meet market needs. Priority will be given to letters of credit for livestock, live animals, and sacrificial animals. The market is already witnessing a decline in the prices of some goods, and further noticeable decreases are expected before the end of May.<\/p>\n\n\n\n
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The Central Bank of Libya revealed exclusively to our source that banks will be ready from Sunday to sell U.S. dollars in cash. Around $500 million has been allocated to them\u2014exceeding current reservations in the system\u2014with approximately $300 million already prepared for sale on Sunday. Reservations will continue, and the Central Bank will cover them […]<\/p>\n","protected":false},"author":13,"featured_media":256858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[628,613],"class_list":["post-256857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256857","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=256857"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256857\/revisions"}],"predecessor-version":[{"id":256859,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/256857\/revisions\/256859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/256858"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=256857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=256857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=256857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}