Member of the joint technical committee tasked with unifying the exchange rate, Musbah Al-Akari, said during a televised interview for WTV channel and Tabadul Platform that there will be no liquidity problem by the end of February, pointing out that the cash is available in Tripoli, Zliten, Misrata, Al-Zawia and other areas in the Eastern region. Meanwhile, the cash flow will be improved in the remaining areas.
Al-Akari also revealed that foreign exchange sales amounted to 3 billion dollars, which is equal to 13 billion and 410 million dinars.
The committee member admitted that there is a new issue, which is the reluctance of some commercial banks to accept cash deposits, stressing that resolving the problem throughout Libya needs time.
He promised that the liquidity criss will belong to the past very soon, while blaming commercial banks and their departments for the lack of liquidity in the south.
Al-Akari announced that there are banks that set their cash withdrawal limit to 10 and 5 thousand LD, such as the Jumhouria Bank, the National Commercial Bank, the Aman Bank in Misurata, the Wahda, as well as the Bank of Commerce and Development, where the clearing system goes through “pitfalls”, stressing that the problem will be resolved the day after tomorrow, at the latest.