The collapse in Libya's oil revenues has led to a major depletion of the country's foreign currency reserves, and could lead to a devaluation of the Libyan dinar, according to a report from Libya Herald.
Over the past year, the currency has fallen from 1.25 to the dollar to 1.37, but on the black market a dollar can now buy 1.95 Libyan dinars.
(Sources: Libya Herald, XE.com)
