The Research and Statistics Department of the Central Bank of Libya issued the economic bulletin data today, Monday, that witnessed the third quarter of the current year 2022, which showed an increase in the money supply, or what is known as local liquidity, to record the money supply about 105.7 billion dinars, compared to 102.3 billion at the end of the previous quarter, where this increase is the result of the rise in the currency outside the banks by about 2 billion dinars.
The Research Department stated during its statement that the currency circulating outside the banking sector increased from 30.4 billion dinars in the second quarter to 32.4 billion dinars at the end of the third quarter 2022, in addition to the increase in demand deposits from 68.6 billion dinars at the end of the second quarter to 70.2 billion dinars at the end of the third quarter of 2022.
The total assets of the Central Bank increased at the end of the third quarter by 14.2 billion dinars compared to what it was in the previous quarter, to record the assets of the Central Bank about 515.4 billion dinars.
The monetary survey also showed an increase in net foreign assets by 12.5 billion dinars, or the equivalent of about 2.5 billion US dollars, to record net foreign assets of about 374.7 billion dinars at the end of the third quarter of 2022, compared to 362.3 billion dinars in the previous quarter.
According to the data of the Research and Statistics Department, the total currency issuance at the end of the third quarter amounted to 34.8 billion dinars, of which 2.4 were in bank coffers and about 32.4 billion dinars circulated outside the banking sector, meaning that it is with the public.