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Husni Bey: We deal with prices inflation in this way

Libyan businessman Husni Bey said that the treatment of prices inflation is done by strengthening the currency and not by increasing the money supply.

He also confirmed in a previous publication that the failure to open the bank clearing, unify the Central Bank of Libya and merge the accounts of commercial banks, brought us back to selling the cheque/balance of the 1000 cards for 940 libyan dinar cash (6.4% thefts).

Due to the high exchange rate of 4.60 libyan dinar / $, the dinars fell among the people by more than 20% (9 billion libyan dinars, a decrease in circulation), according to him.

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