Heavy cash flows aim to curb currency speculation
The Central Bank of Libya revealed that six billion dollars were injected into the domestic market during May and June 2026 to support the local economy, aiming to curb currency speculation and achieve financial stability. It clarified that the value of the dinar is closely linked to oil prices and production, and that currency stability depends on prudent spending and economic diversification. These measures come amidst inflationary pressures resulting from the gap between the official rate and the parallel market rate, with the goal of restoring confidence in the national currency and managing external fluctuations.
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