Mohamed al-Safi, Researcher and Analyst at The World Bank, said during a televised interview for Libyan WTV channel and Tabadul Platform that unifying the exchange rate is a great step, adding that it would partially alleviate the liquidity crisis as the banking system needs to be reformed, along the same lines as the electronic payments.
“The instability of the interest rate, the fluctuation of inflation and exchange rate will make it difficult to implement a financial policy… The monetary policy is the one that drives the economy… The decision will strengthen the purchasing power of the dinar,” he said.