Geneva: The Central Bank of Libya (CBL) announced Thursday that oil revenues deposited into the bank since the beginning of January have reached $371 million.

According to Qatar News Agency, in a statement, the CBL said it continues to provide foreign currency to meet the needs of the Libyan market, aiming to achieve financial stability for the country and ensure the availability of essential goods in the markets before the holy month of Ramadan.

This move aims to support the needs of the population and maintain the stability of economic activity. The CBL highlighted that total foreign currency sales during the period from Jan. 1 to 13 reached approximately $1 billion.