On 23 February, The Geopolitical Desk published a report titled ‘Inside Libya’s FX arbitrage machine’., breaking down the data behind the arbitrage machine shaping Libya’s FX trajectory. The report looks at Libya’s dinar crisis, arguing that it is not a dollar shortage. Instead, it is ‘the product of fiscal expansion, subsidy distortions and a widening gap between official and parallel markets.’
Read the full report here.