18 Days
Source:
عين ليبيا
Economist Warns of Steep Drop in Forex Market
Economist Nadhim Al-Tayari expected the US dollar exchange rate in the Libyan market to decline further in the coming months, with predictions of it reaching 7.50 dinars or possibly lower. This is due to increased foreign currency availability from the Central Bank of Libya. He pointed out that agreements with various parties and expanding currency purchase operations could help stabilize the market and reduce speculation, with forecasts suggesting that the dollar's value could reach around 4 billion dollars in July to boost supply.
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