Member of the House of Representatives, Ibrahim Al-Dursi, has accused the Governor of the Central Bank of Libya in Tripoli, Siddiq Al-Kabir, of setting a deal with the giant currency traders to manipulate the foreign currency black market, which led to what he called a "suspicious fall" of the US dollar against the Libyan dinar.

On his Facebook page, Al-Dursi said that this was a proactive move by Al-Kabir to scuttle the appointing of the new governor, Mohammed Al-Shukri, by the House of Representatives.

He insisted that the weakness of the Libyan dinar and the lack of cash was just a fabricated crisis.

Al-Dursi expected the dollar to rise again if Al-Kabir doesn't hand over the post of governor to Mohammed al-Shukri, who is expected to be sworn in later today before the Tobruk- based parliament.

Economy