20 Hrs
Source:
عين ليبيا
Aggressive monetary moves include higher dollar focus and cash sales
The Central Bank of Libya announced a package of measures and monetary procedures to enhance the availability of foreign currency in the local market. These include raising the personal allocation limit from $2,000 to $4,000 and activating the cash sale of dollars for medical treatment and study abroad cases. It also indicated that the international transfer system has resumed normal operations and has the capacity to meet dollar demand of up to $2 billion within a week, in an effort to support financial market stability and reduce reliance on the parallel market.
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