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Libyan govt to impose fees on foreign currency transactions

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Libyan govt to impose fees on foreign currency transactions

19 June 2018, Tripoli — The Central Bank of Libya is imposing fees on foreign currency transactions to tackle the wide gap between the official exchange rate of 1.4 dinars to the US dollar and the parallel rate of around 7 dinars, which is seen as a major factor in the distortion of Libya’s oil-dependent …

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