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.
- Why pay for fuel if the state doesn’t get the money? - August 15, 2025
- Morocco eyes Rafale F4 jets in fresh move to modernize air force - August 15, 2025
- From football to the courtroom: Tunisia’s Chiboub cleared, others face trial - August 15, 2025