Libya Central Bank devalues currency for the second time in less than a year

The Central Bank of Libya has devalued the dinar by 14.7 percent to address fiscal imbalances. This move marks the second major adjustment within a year.

洞察:
The Central Bank of Libya announced a 14.7 percent devaluation of the national currency on January 18, 2026. This adjustment sets the new exchange rate for the US Dollar / Libyan Dinar at 6.3759 per dollar. The move represents the second major currency intervention in less than a year, following a 13.3 percent devaluation in April 2025 that established a rate of 5.5677 dinars per dollar.
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. REUTERS/Aymen Sahli
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