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Libya:Govt to Impose Fees On Foreign Currency Transactions

[This is Africa] 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 economy

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read more here: AllAfrica News: Latest. This post is syndicated.

AllAfrica News: Latest

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