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Libya cuts currency value by nearly 15%: Many people are struggling to afford basic goods

20/02/2026-16:47 20/02/2026-17:00 חדשות قناة Al Jazeera דיווח

As Ramadan begins, Libyans face soaring food prices after a fresh devaluation of the dinar, deepening a cost-of-living squeeze. The central bank cut the currency again last month — the dollar now trades at 6.4 dinars — and scarce foreign currency is pushing businesses towards the black market. Al Jazeera’s Malik Traina reports from the Libyan capital, Tripoli. Subscribe to our channel: bit.ly
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