US dollar against Libyan dinar skyrockets to near LYD8
The Libyan dinar has sharply dropped in value on Sunday starting in a hike from 6.60 on Friday to 7.75 per one US dollar on Sunday at the black market.
The Libyan dinar to US dollar exchange rates at the central bank are still at around 1.40 per one dollar.
The new skyrocketing of exchange rates came out of the blue and just another act by speculators and black market militias, observers say.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
- Report alleges corruption in Derna reconstruction - December 21, 2024
- Boxing’s biggest purse: Fury-Usyk rematch set for $191m payday - December 21, 2024
- UN’s Libya envoy urges reforms as crisis deepens - December 21, 2024