Libya’s Central Bank reported that oil revenues deposited during December reached nearly $1.3 billion, including about $222 million in oil royalties. The funds were transferred between early and late December, according to official data. The bank said it continued regular foreign currency sales to meet local market demand and support monetary stability. Officials stated the measures aim to sustain economic activity and ensure the availability of foreign exchange across the country.
Libya Oil Revenues Hit $1.3bn
Libya’s Central Bank reported that oil revenues deposited during December reached nearly $1.3 billion, including about $222 million in oil royalties. The funds were transferred between early and late December, according to official data. The bank said it continued regular foreign currency sales to meet local market demand and support monetary stability. Officials stated the measures aim to sustain economic activity and ensure the availability of foreign exchange across the country.
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
There are no comments yet
Be the first one to share your thoughts
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
You must be logged in to post comments