US dollar price declines significantly against LYD in black market

Foreign exchange prices fell against the Libyan dinar on the black market on Saturday, following a previous rise coinciding with the outbreak of armed clashes on the outskirts of the capital.

The US dollar was trading at LYD 4.41 for buying, and LYD 4.42 for selling, down from LYD 4.82 earlier this month.

Also, the euro price declined to LYD 4.93 for buying, and LYD 4.98 for selling.

On April 4, the LNA announced the launch of an offensive against Tripoli, while the Government of National Accord ordered all allied military units to gear up to defend the capital. The warring factions are currently involved in battles along the outskirts of Tripoli.


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