Libya central bank governor flees divided country over fear for his life

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Financial Times 3d ago

Libya central bank governor flees divided country over fear for his life - Financial Times

Quick Summary:

For Libya, the escalating power struggle poses serious risks.“There are many dangers,” said Kabir.“The oil shutdown will have a negative impact on the economy and the value of the dinar.

Kabir also said there were “valuable assets inside the central bank and we don’t know what is happening to them”.

The stand-off came to a head this week when a committee from the Tripoli government took over the premises of the central bank in the coastal city.