In a statement to “Sada” economic newspaper, an official source in the Central Bank of Libya revealed that the CBL Governor “Al-Siddiq Al-Kabir” addressed a letter to the Chairman of the Presidency Council “Faiez Al-Serraj” in which he stated that selling foreign exchange will be resumed starting from next Thursday based on the previous fee rate in order to supply the necessary commodities and their manufacturing deliverables.

In his correspondence, Al-Kabir warned against the negative consequences of this decision (keeping the same previous fee rate according to the CBL’s order ). He also expected a shortage in liquidity as well as a rise in the dollar price in the parallel.

He also expected a disorder in the general price level due to the pricing of some goods in the black market, in addition to the continuation of smuggling phenomenon.

Al-Kabir also demanded that all measures should be taken in order to resume oil production in Libya.