In short, medium, and long-term in a variety of currencies
Dual Currency Deposit
The Libyan Foreign Bank offers a dual currency deposit product where the principal
amount can be repaid after converting it to the alternative currency at the strike
rate at maturity depending on the spot foreign exchange rate. If the investor has a
view on the initial investment currency, the dual currency strategy allows the
investor to benefit from higher returns. Returns are higher than the returns on
regular deposits as compensation for foreign currency exposure.