Libyans rush banks amid cash crunch, government to print $11B in dinars to ease crisis

Long lines of angry depositors formed at banks throughout Libya this week, as the government desperately prints more cash in response to a worsening liquidity crisis. 

Videos depicting crowds of angry customers seeking to withdraw funds from their banks in the capital, Tripoli, and the eastern city of Benghazi surfaced on Libyan social media on Sunday and continued through Tuesday.

In some instances, depositors protested at the banks, chanting “We need our money” and other slogans. 

A multitude of causes