An official source from the Central Bank of Libya (CBL) said that the economic reforms' program will be made operational during the next week.

The London-based newspaper Al-Araby Al-Jadeed quoted the source as saying that the Presidential Council requested the postponement of the implementation process to examine the legality of imposing fees on the sale of foreign currency, in commercial banks.

The source pointed out that the new taxes on the dollar transactions will be designed to graduate from the parallel market price towards the official exchange rate, estimating the exchange rate to fall to two dinars per dollar.