The Governor of the Central Bank of Libya Al-Sidiq Al-Kabeer said changing the exchange rates of the Libyan dinar is tied to a number of economic procedures in order to have an effect in the market.
He added that CBL hasn't got a magical wand that would allow it to provide foreign currency and solve the shortage of cash.
Al-Kabeer also added that the political unrest led to the fact that there are now 28 billion dinars outside the banks. He said his press conference in the coming days will be more detailed.
Economy