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صحيفة الساعة 24
Oblby: No new change to exchange rate
The economics professor at Misrata University, Abdel Latif Atloub, pointed out that the Central Bank of Libya will not resort to a new adjustment in the official exchange rate, confirming that previous adjustment experiences have had negative effects on the bank. He explained that the demand for the dollar exceeds supply due to an increase in the supply of local currency without corresponding production, considering that resolving the exchange rate crisis requires reforms in both fiscal policy and monetary policy. He added that the governor's visit to London aims to align with the international financial system and implement necessary reforms to avoid sanctions, with a focus on improving the bank's reputation and Libya's financial situation.
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