Libya's central bank just announced another currency devaluation, cutting the dinar's value by 14.7%. What's notable? This marks the second major devaluation in less than twelve months. Repeated currency cuts like this typically signal broader economic pressures—inflation, foreign exchange shortages, or fiscal imbalances. For markets, it's a reminder of why investors often hedge exposure through hard assets and digital currencies when local fiat faces sustained pressure. The pattern here matters: when traditional monetary policy turns volatile, alternative store-of-value narratives gain traction.
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SellLowExpert
· 8h ago
Here it comes again, twice a year devaluation. This libc is really hopeless.
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Everyone says to stock up on Bitcoin, but traditional currencies are just like this.
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14.7%? Might as well just wipe it out completely.
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We need to run now, the countdown to fiat currency death has begun.
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Hard assets are the way to go. Who still plays with that stuff?
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Devaluation every day, I should have just gone all in on digital currencies.
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Is a bank run coming...
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This is why you should hold on-chain assets, everyone.
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Lol, another country's central bank is messing up.
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CryptoMotivator
· 8h ago
Another round of devaluation, Libya really can't afford to play anymore... That's why you need to hold BTC.
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ser_we_are_ngmi
· 8h ago
Here we go again, the Central Bank of Libya really has it figured out... devaluing twice a year, such a rhythm...
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ChainDetective
· 8h ago
Libya has devalued again, how desperate must that be...
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The second time, twice within a year, fiat really has no hope left.
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So that's why you need to stock up on hard assets and wait for traditional finance to screw itself over.
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Decreased by 14.7%, this pace feels off, it probably will continue to fall later.
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A real-life textbook, still can't see why some digital currencies are needed.
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Devalued twice in a year, is the central bank putting on a comedy show?
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FastLeaver
· 8h ago
Another devaluation. Is Libya about to completely abandon fiat?
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GasFeeTears
· 8h ago
Here we go again, two significant devaluations within a year... Is this a game?
Libya's central bank just announced another currency devaluation, cutting the dinar's value by 14.7%. What's notable? This marks the second major devaluation in less than twelve months. Repeated currency cuts like this typically signal broader economic pressures—inflation, foreign exchange shortages, or fiscal imbalances. For markets, it's a reminder of why investors often hedge exposure through hard assets and digital currencies when local fiat faces sustained pressure. The pattern here matters: when traditional monetary policy turns volatile, alternative store-of-value narratives gain traction.