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عين ليبيا
Central Bank Unveils 2026 Forex Plan
Central Bank of Libya data for 2026 indicates a significant decrease in the total demand for foreign currency, with usage declining by 25%, from $10.4 billion in the same period of 2025 to $7.8 billion. Documentary credits remain the leading form of usage, despite decreasing by 16.6% to $4.3 billion, primarily used to finance import operations. Conversely, direct transfers experienced an unprecedented surge, increasing by 410.9% to reach $1.116 billion, reflecting a shift in demand patterns. Meanwhile, cash sales for personal purposes dropped by 53% to $2.362 billion. Additionally, merchant card transactions increased by 31.1% to approximately $39 million, although they remain less significant compared to other forms of usage. The data shows a clear change in the distribution of foreign currency requests, with some purposes declining while transfers have risen, within the context of ongoing foreign trade activities and personal transactions in accordance with market policies.
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