ForexBeginner

Libyan Dinar (LYD)

a.k.a. LYD

Libya's currency, code LYD, which depends almost entirely on oil revenue.
In plain English

Libya's currency, code LYD, which depends almost entirely on oil revenue.

The Libyan dinar (LYD) is managed by the central bank and devalued in steps. Oil is nearly all of Libya's exports, and political division has at times disrupted both oil output and the central bank itself.

It is not traded on international retail platforms.

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