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Why Libya’s Currency Move Is Fueling Inflation and Public Anger
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Why Libya’s Currency Move Is Fueling Inflation and Public Anger
Western Libya is facing mounting economic pressure as a widening government deficit, a weaker national currency, and fuel shortages increasingly strain daily life for ordinary citizens. Over the past week, conditions have deteriorated noticeably in several cities, highlighting the fragile state of economic management amid prolonged political uncertainty. The US dollar has risen sharply in the parallel market, driven largely by recent exchange-ra…
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