The banking expert and member of the exchange rate adjustment committee formed by the Central Bank of Libya, Misbah Al-Akari, said that the decision to amend the exchange rate at the beginning of the year 2020 to 4.48 dinars stopped the collapse of the state and gave it financial sustainability.
Al-Akari confirmed in statements to Flusna program, which is broadcast on WTV channel and Tabadul TV that if Libya continues at the exchange rate of 1.40, the governor and the prime minister will request an advance from the International Monetary Fund, and then we will have only two options: either drain the reserve or the exchange rate reaches 25 dinars to the dollar.