The Central Bank of Libya is considering injecting $1 billion at once into the foreign exchange market to eliminate the informal currency trade, Sada online newspaper, which has close links to the bank, reported.
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Tomato prices in Libya have surged sharply, reaching 13-15 dinars per kilogram in some markets, due to seasonal factors, supply chain disruptions, and the weakening Libyan dinar.
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Millions of US dollars arrived in Tripoli today, marking the first cash shipment to the Libyan capital since 2015. Sources from the Central Bank of Libya said more shipments will arrive successively in a move that aims to control the dollar exchange rate in the market.
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