Libya’s Central Bank received a $300 million cash shipment to strengthen foreign currency reserves and support exchange rate stability. The funds arrived via Mitiga Airport as part of efforts to increase liquidity and supply foreign currency to banks. Officials said the move aimed to reduce pressure on the parallel market and improve access to foreign exchange. The shipment formed part of a broader plan to stabilize the financial system and support economic stability.
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Libya Receives $300m to Boost Reserves
Business
20/04/2026
Libya’s Central Bank received a $300 million cash shipment to strengthen foreign currency reserves and support exchange rate stability. The funds arrived via Mitiga Airport as part of efforts to increase liquidity and supply foreign currency to banks. Officials said the move aimed to reduce pressure on the parallel market and improve access to foreign exchange. The shipment formed part of a broader plan to stabilize the financial system and support economic stability.
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