Witnessing the crisis of the Libyan economy ... Libyan political system does not have in possession the hard currency to build a modern state That it is considered the bear witness on the Libyan economic crisis, as reached by Libya from the situation of deterioration and stagnation in the internal political situation and created a vacuum in the mechanisms dealing with the Libyan national economy. The exchange rate of the one US dollar reached 8.43 Libyan Dinars or more in the parallel markets. The official exchange rate of the Libyan Central Bank is one US dollar to 1.3584 Libyan Dinar, which indicates that the Libyan banking system does not have "hard currency" to deal with in Libyan commercial banks. Financial sanctions on Libya are undermining the ability of the Central Bank of Libya to control foreign currency because it has no hard currency to pump into Libya 's national economy. A total of 70% of its reserves in the Libyan treasury has been offset by the L...
رمزي حليم مفراكس رجل اعمال ليبي / كاتب ومحلل اسياسي وافتصادي والعلاقات الدولية Ramzi Mavrakis / Businessman / Political & Economics Writer