Currency fluctuations -- mainly in the Libyan dinar
, South African rand and Australian dollar -- impacted revenues, the company said.
Pakistanis resident in Libya for decades, many working in the gold business, have tried to leave because of the collapse in the value of the Libyan dinar
and a severe liquidity crisis.
Regulators have decided to scrap fuel subsidies and raise the rates of the Libyan dinar
's official exchange to the dollar from 1.40 to three or 5.75.
Repatriated overseas Filipino workers (OFWs) from Libya can now exchange their Libyan Dinar
to Philippine Peso after Labor and Employment Secretary Rosalinda Baldoz said the Bangko Sentral ng Pilipinas (BSP) has approved the re-opening of the Libyan Dinar
Currency Exchange Facility (LYD-CEF) for another six months, or until July 29, 2015.
Certain influential Libyan businessmen are calling for a 50% devaluation of the Libyan dinar
. Is that an option?
They were put on a salary of 500 Libyan dinar
. Mahmoud Jibril, chairman of the Executive Board of Libyan National Transitional Council, said earlier in the day that their struggle against Gadhafi forces had not come to an end yet and called on opposition forces to unite under the roof of NTC.
The the first batch of almost pounds 1 billion of Libyan dinar
banknotes, which were seized after being printed in the UK, have already been sent to Libya after the UN sanctions committee agreed to a request from the British Government that the funds be returned.
The first batch of almost pounds 1bn of Libyan dinar
banknotes, which were seized after being printed in the UK, have already been sent to Libya after the UN sanctions committee agreed to a request from the British Government.
"In the coming days we need to reassess the value of the Libyan dinar
for the benefit of the Libyan people," Rajab said in the televised interview, responding to a question over whether the dinar, which features Gaddafi's face, should be kept.
The United Kingdom has begun work on releasing the Libyan dinar
so family allowances and salaries can start flowing and things can get back to normal.
In a country where no dissent was tolerated, viewers heard the Central Bank Governor Farhat Bin-Gidara telling Qadhafi that doling out large sums of money to the masses would fuel inflation, cause the value of the Libyan dinar
to drop and create a balance of payments deficit.
Based on official studies, the Great Man-Made River Authority concluded that one Libyan dinar
would buy 0.74 cubic metres of piped water, 0.79 cubic metres of desalinated water or 1.05 cubic metres of water transported by ship.