Central Bank Reports 361M Oil Revenue Since October
The Central Bank of Libya announced that the total oil revenues received from the beginning of October until October 14, 2026, amounted to only $361 million, despite rising global oil prices and expectations of improved foreign currency inflows. This comes amidst the bank’s ongoing monitoring of forecasts for oil export revenues and the financial inflows they generate, as oil revenues are a major source of foreign currency for Libya and significantly impact the financial flows of the Central Bank.
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