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Libya
US Treasury suspends dollar transactions with Libya's central bank

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The Central Bank of Libya, in Tripoli, on 26 August 2024.
The Central Bank of Libya, in Tripoli, on 26 August 2024. © Aymen Sahli/Reuters

Fawzi Abu Khazam's recent appointment as governor of the Central Bank of Libya has weakened the institution. The US Federal Reserve has raised concerns about the lack of transparency surrounding his appointment.

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