Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest. The Central Bank of Libya (CBL) devalued the currency by 13.3% on April 6, setting ...
CAIRO (Reuters) - Libya's central bank announced a 13.3% devaluation of the country's dinar currency on Sunday, setting the exchange rate at 5.5677 to the U.S. dollar effective immediately. This is ...
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Libyan Dinar Plunges Amid Mounting Fiscal Turmoil
Libya’s Central Bank has enacted a 13.3% devaluation of the national currency, setting the official exchange rate at 5.5677 dinars per US dollar. This marks the first such adjustment since 2020, as ...
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