1 Day
Source:
بوابة الوسط
Central Bank adds $2 billion for credits
The Central Bank of Libya has decided to inject two billion dollars over the upcoming week, including one billion dollars to finance documentary credits and one billion dollars for personal purposes and bookings through the banking system. This was announced during a comprehensive meeting chaired by Governor Naji Al-Issa. The meeting also included extending bank working hours for cash dollar sales and discussing the stability of the Libyan dinar's exchange rate in the parallel market. Additionally, the meeting aimed to implement a plan to pump 5 billion dinars into banks during August to meet citizens' needs, with a focus on improving electronic payment systems to ensure their sustainability and expand their usage. These efforts are part of broader initiatives to support monetary stability and meet the demand for foreign currency.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)