Foreign currencies recorded a notable surge at the close of parallel market trading on Sunday, as the Libyan Dinar continued its decline against the US Dollar, Euro, and British Pound. Currency dealers traded the US Dollar at a rate of 10.06 Dinars in the cities of Tripoli, Benghazi, and Misrata. On the European front, the Euro jumped to 11.68 Dinars, while the British Pound reached 13.20 Dinars in trades.
Collapse of the 50 Libyan Dinar Note’s value against the Dollar
The upward trend extended to Arab currencies as well, with the Egyptian Pound witnessing an increase in value against the Libyan Dinar, registering 0.210 Dinar. Regarding the Tunisian currency, the Tunisian Dinar was traded at the main “Ras Ajdir” border crossing at a rate of 3.12 Libyan Dinars, reflecting the general state of rising exchange rates in unofficial trades.