Dollar trades 59% above official rate on Libya’s parallel market
The US dollar rose again against the Libyan dinar on the parallel market on Thursday.
The dollar was trading at 10.20 dinars at the Al-Mushir currency market in Tripoli and in the markets of Zliten and Misrata. In Benghazi’s Fenicia market it traded at 10.21 dinars. Dollars bought with cheques or bank transfers cost more, at 10.44 dinars.
At the Central Bank of Libya, the official rate is about 6.4 dinars to the dollar. That puts the parallel-market rate in Tripoli 59% above the official rate.
