Libya’s central bank insider reveals smooth dollar sales

Source reveals stable forex flow at Libya’s central bank

A senior source within the Central Bank of Libya, speaking on condition of anonymity, confirmed to Libyan Express that foreign currency sales operations are proceeding smoothly and efficiently across all channels.

The source verified that the bank is maintaining complete coverage of all foreign exchange requirements, including letters of credit and card system transactions.

The bank expects the dollar exchange rate to decline during the current week, falling below 6.25 dinars per dollar, after it had reached 6.55 dinars previously.

The Central Bank indicated its continued close monitoring of foreign exchange market conditions.

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