Libyan banks begin U.S. dollar cash disbursement to citizens

TRIPOLI, May 4 (Xinhua) -- Libyan commercial banks on Sunday began distributing foreign currency allocations in cash to citizens, marking the first such move in about 13 years. Under the new measure, citizens are allowed to receive up to 2,000 U.S. dollars in cash as part of their annual foreign currency allocation. The move is part of a strategy of the Central Bank of Libya to regulate access to foreign
2026-05-05 02:15:25