Libyan Insecurity Taking Its Toll on Libyan Currency
30$ B dollars: that’s the amount of cash Libya has lost over in 10 months of protests and conflict at oilfields and export terminals. Officials there however say the country has sufficient foreign currency reserves to keep the state running. According to a Central Bank official, however, Libya’s currency is under pressure as the ten months of port blockades have deeply eroded public finances. CCTV’s Peter Wakaba has more