Laghwil to (LANA): The Central Bank's circular regulating foreign exchange is an important step to enhance stability and control the market.

Benghazi, January 2, 2026 (LANA) – The head of the Competition and Anti-Monopoly Authority, Dr. Salama Laghwil, described the Central Bank of Libya's circular regarding the regulation of foreign currency sales and purchases as an important step towards strengthening monetary stability, regulating the market, and curbing practices that have directly harmed the national economy.

In a statement to the Libyan News Agency (WAL), Dr. Laghwil explained that the importance of this circular lies in regulating access to foreign currency according to clear and transparent controls, thereby promoting the principle of social justice and ensuring equal opportunities for citizens throughout the country without discrimination or exception.

The head of the Authority pointed out that standardizing procedures, setting limits, and relying on a unified electronic platform will contribute to reducing disparities between regions, curbing monopolies and speculation, and enhancing confidence in financial institutions.

Laghwil emphasized that the success of this step depends on proper implementation, strict oversight, and fair application to all, stressing that any leniency in these aspects could weaken the positive impact of the circular.

He also emphasized the importance of raising public awareness through clear campaigns that explain how to benefit from the new system and clarify rights and obligations, ensuring a correct understanding of the procedures and preventing exploitation or misinformation.

The head of the Competition and Anti-Monopoly Authority concluded his statement by affirming that professional and transparent implementation, coupled with social justice and comprehensive awareness campaigns, will make this publication a true pillar of economic stability and a serious step towards restoring confidence and reassurance in the Libyan monetary market.

...(LANA)...