Libya governor calls for clampdown on parallel FX market
Call is likely to be linked to central bank’s recent sale of cash dollars, expert says
The Central Bank of Libya (CBL) has called for support from the country’s security authorities to put a stop to unlicensed foreign exchange activity.
According to a report in the Libya Observer on May 11, the CBL governor Naji Issa has sent official letters to the interior minister and the heads of the Internal Security Agency, the Criminal Investigation Agency and the Municipal Guard calling for urgent legal measures to shut down all shops, companies and offices engaged in unauthorised currency
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