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Al-Akkari: The exchange rate is not in line with the current economic situation

The economic and banking expert Mesbah Al-Akkari said that the current exchange rate which is 4.5 dinars per dollar, cannot be in line with the current situation of high oil prices and increase the production capacity of Libyan oil fields.

Al-Akkari explained that the rise in oil prices, the overcoming the barrier of $ 88 a barrel, the possibility of increasing production capacity for Libyan oil fields and the return of some unlocked fields for a while, all of these are not in line with the current exchange rate of the dollar.

He added that we should move away from selfishness, forget our disagreements for the sake of our country, unite our institutions under these encouraging conditions and harmonize the three “monetary, trade and financial” policies.

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