Op-Ed: Libyan currency drops sharply causing price inflation - News Summed Up

Op-Ed: Libyan currency drops sharply causing price inflation


By By Ken Hanly 1 hour ago in World Yesterday the Libyan dinar fell more than 7 percent against the US dollar. On the black market the Libyan dinar surpassed the 6 to 1 ratio for the time time, trading at 6.2 dinars to one US dollar. The CBL argues that technically it would be illegal under Libyan law to provide the GNA with funds not approved by the HoR. The CBL argues that technically it would be illegal under Libyan law to provide the GNA with funds not approved by the HoR. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com More about Libyan dinar, Libyan Central Bank, faiez serraj More news from Libyan dinar Libyan Central Bank faiez serraj


Source: Libya Today November 21, 2016 04:34 UTC



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