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The US dollar exchange rate against the Libyan dinar in the black market remained around 8.33 dinars today, with a relative slowdown in trading activity due to the Arafat holiday. Despite the government's efforts to lower the rate to approximately 7 dinars, official data maintained an average of 6.35 dinars. It is expected that the market will remain temporarily stable during the holiday before resuming an upward trend due to increased demand from importers and traders. Dollar prices are anticipated to fluctuate throughout June as the Central Bank of Libya injects $3.5 billion to finance imports and remittances.
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