Libya's Dinar Takes a Hit in Political and Economic Struggle
Published on: Jan. 18, 2026, 5:26 p.m. | Source: Devdiscourse
Libya's central bank devalued the dinar by 14.7% against the U.S. dollar, citing political instability and declining oil revenues. This marks the second devaluation in a year, following a previous adjustment in April 2025. The nation faces economic challenges with fluctuating oil production and unresolved political divisions.
