{"id":257180,"date":"2026-06-01T19:02:36","date_gmt":"2026-06-01T17:02:36","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=257180"},"modified":"2026-06-01T19:02:48","modified_gmt":"2026-06-01T17:02:48","slug":"central-bank-to-inject-3-5-billion-into-the-banking-system-starting-tomorrow","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/central-bank-to-inject-3-5-billion-into-the-banking-system-starting-tomorrow\/","title":{"rendered":"Central Bank to Inject $3.5 Billion into the Banking System Starting Tomorrow"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Central Bank of Libya confirmed exclusively to our source that it will begin, starting Tuesday, implementing a $3.5 billion foreign currency allocation program through commercial banks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Central Bank:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>$1.5 billion<\/strong> will be allocated to commercial banks for <strong>letters of credit (LCs)<\/strong>.<\/li>\n\n\n\n<li><strong>$1 billion<\/strong> will be allocated for <strong>foreign transfer requests<\/strong> covering various purposes.<\/li>\n\n\n\n<li><strong>$1 billion<\/strong> will be dedicated to <strong>personal-use foreign currency reservations<\/strong>, including bank card allocations and cash purchases.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The Central Bank also stated that it will continue issuing new approvals for letters of credit and foreign transfers, a measure intended to help ease demand pressures and make use of oil revenues deposited with the bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Bank, oil revenues expected to be transferred to the Central Bank during June are projected to reach <strong>$3.5 billion<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result, the total amount expected to be injected into the market during June for all purposes is also estimated at <strong>$3.5 billion<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The move aims to improve foreign currency availability, support trade financing, facilitate personal foreign exchange access, and reduce pressure on the foreign exchange market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Libya confirmed exclusively to our source that it will begin, starting Tuesday, implementing a $3.5 billion foreign currency allocation program through commercial banks. According to the Central Bank: The Central Bank also stated that it will continue issuing new approvals for letters of credit and foreign transfers, a measure intended to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":257181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[628,613],"class_list":["post-257180","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\/257180","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=257180"}],"version-history":[{"count":2,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257180\/revisions"}],"predecessor-version":[{"id":257183,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257180\/revisions\/257183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/257181"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=257180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=257180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=257180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}