{"id":183428,"date":"2021-01-04T13:05:25","date_gmt":"2021-01-04T13:05:25","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=183428"},"modified":"2021-05-05T07:35:39","modified_gmt":"2021-05-05T07:35:39","slug":"libya-approves-new-exchange-rate-in-a-bid-to-save-economy","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\/","title":{"rendered":"Libya approves new exchange rate in a bid to save economy"},"content":{"rendered":"\n<p>(Al Jazeera) The devaluation of Libya&#8217;s currency has taken effect, a move that is hoped will help the economy. The Central Bank has agreed to a devalued exchange rate of 4.48 dinars to the US dollar. <\/p>\n\n\n\n<p>While the official rate was 1.34 dinars, a lack of availability of US dollars in banks created a black market, on which it currently trades at 5.1 dinars. Exchange rates have varied across the country because of conflict, the black market and banknotes printed abroad. <\/p>\n\n\n\n<p>Al Jazeera\u2019s Malik Traina reports from Misrata, considered as Libya&#8217;s economic hub.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Libya approves new exchange rate in a bid to save economy\" width=\"880\" height=\"495\" src=\"https:\/\/www.youtube.com\/embed\/lnODj5h3egA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><figcaption>Libya approves new exchange rate in a bid to save economy<\/figcaption><\/figure>\n\n\n\n<p>Related:<\/p>\n\n\n\n<p><a href=\"https:\/\/www.google.com\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=newssearch&amp;cd=&amp;ved=0ahUKEwiUleCEqoLuAhVsxoUKHawUBTIQxfQBCEEwAg&amp;url=https%3A%2F%2Fwww.brecorder.com%2Fnews%2F40046998&amp;usg=AOvVaw01K_3BLrjRFeI_1Y0UyMH9\">Libyans start using new exchange rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Al Jazeera) The devaluation of Libya&#8217;s currency has taken effect, a move that is hoped will help the economy. The Central Bank has agreed to a devalued exchange rate of 4.48 dinars to the US dollar. While the official rate was 1.34 dinars, a lack of availability of US dollars in banks created a black [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":183431,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[802],"tags":[797],"class_list":["post-183428","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-video","tag-libya","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BNReport - Libya approves new exchange rate in a bid to save economy -<\/title>\n<meta name=\"description\" content=\"Business News Report - video Libyan Central Bank has agreed to a devalued exchange rate of 4.48 dinars to the US dollar.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNReport - Libya approves new exchange rate in a bid to save economy -\" \/>\n<meta property=\"og:description\" content=\"Business News Report - video Libyan Central Bank has agreed to a devalued exchange rate of 4.48 dinars to the US dollar.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T13:05:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-05T07:35:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/01\/Libya-Central-Bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BNR staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BNR staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/\"},\"author\":{\"name\":\"BNR staff\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/58f65d9c9a5003dcc6e2d5774c54062e\"},\"headline\":\"Libya approves new exchange rate in a bid to save economy\",\"datePublished\":\"2021-01-04T13:05:25+00:00\",\"dateModified\":\"2021-05-05T07:35:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/Libya-Central-Bank.jpg\",\"keywords\":[\"Libya\"],\"articleSection\":[\"video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/libya-approves-new-exchange-rate-in-a-bid-to-save-economy\\\/\",\"name\":\"BNReport - 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