Libya receives 350 million dinars amid liquidity concerns
The Central Bank of Libya announced the arrival of a new batch of cash liquidity amounting to 350 million Libyan dinars, aimed at supporting the banking sector and alleviating the liquidity shortage crisis in the country. This step comes as part of efforts to boost the monetary supply and meet the increasing demand for cash withdrawals, especially in areas severely affected by cash shortages following the deterioration of electronic services due to a cyberattack targeting the banking infrastructure. These measures are part of a strategy to address bottlenecks and improve banking services amidst ongoing economic and technical challenges.
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