To buy his groceries, Mohammad Al-Qabaily signs a small piece of paper, a type of subsititute bank note, equivalent to 20 Libyan Dinars, payable to grocer Abdulla Al-Maqreef. In Ejdabia (160 Km west of Benghazi), this is how people conduct their daily business, since the banks lack liquidity. Not only has Al-Maqreef adopted this way […]