Was selling dollars to Libyans at banks halted? Al-Taweel explains to 218News

The Director of the Banking and Cash Supervision Department, Mukhtar al-Taweel, denied what was circulated on social media Sunday regarding the suspension of the system of selling dollars for personal purposes at a value of 10.000 dollars per person in commercial banks.

Al-Taweel added, in a statement to 218News, that the system is working well as usual in commercial banks and is still receiving and passing information.

The Central Bank of Libya began selling foreign currency through banks to citizens and merchants since last January at the exchange rate set for the dollar at a value of 4.48 dinars, and as a result, it granted credits to owners of public and private companies to cover services and goods for the local market.


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