CBL to inject US$ 3 billion in May and another US$ 3.5 billion in June to meet accumulated demand and stabilise currency and commodity markets

A Central Bank of Libya source informed Arabic-language Libyan media yesterday that by the end of this week, the total amount of dollars injected into the market during May will reach US$ 3 billion, equivalent to 19 billion dinars. This is distributed as follows:

– US$ 1 billion for personal use, cards, and cash

– US$ 2 billion for letters of credit and remittances

The CBL source added that during June 2026, the volume of dollars injected and sold to banks will reach US$ 3.5 billion, equivalent to 23 billion dinars.

Of this:

– US$ 1 billion will be allocated for direct remittances to small traders and others

– US$ 1 billion for personal use

– US$ 1.5 billion for letters of credit for all goods.

The CBL source said this injection of hard currency into the Libyan market is aimed at addressing the accumulated demand and stabilizing the market in terms of currency and commodity prices.

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