US EditionCBL Reveals Discovery of LD 3.5 Billion in Counterfeit 50-Dinar Notes Printed in Russia – PM Calls on Attorney General to Open Investigation
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CBL pushes interior ministry to curb unauthorised forex dealings
Libya’s central bank has urged the Ministry of Interior to intensify efforts to combat unregulated foreign currency trading, warning that the growing black market is fuelling illicit financial activity and threatening economic stability. In an official letter, the Central Bank of Libya (CBL) said the parallel market for hard currency has expanded significantly, with increasing […] The post CBL pushes interior ministry to curb unauthorised forex …
CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation
The Central Bank of Libya (CBL) announced today that during its recent recall of the old LD 50-dinar denominations (second series) printed by the eastern based authorities in Russia, it had discovered more than LD 3.5 billion in counterfeit notes. The CBL explained in its statement that what was issued in this category printed in […] The post CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on …
The Central Bank of Libya announced that approximately 3.5 billion dinars (approximately $650 million) of the banknotes that were confiscated from the country's market in order to detect fake 50-dinar notes in circulation were fake.
Tripoli: The Central Bank of Libya revealed that more than 3.5 billion Libyan dinars had been forged from the second issue of the 50-Dard category. At the end of 8 May last, the Central Bank completed the withdrawal and cancellation of each and all 50-Dard category of circulation, in a final step aimed at maintaining financial stability [...].
132 Licensed Exchange Firms to Launch Soon in Libya
Libya’s Ministry of Economy and Trade under the Government of National Unity (GNU) has issued a strong warning to citizens and residents against engaging in foreign currency speculation. The ministry cautioned against purchasing foreign currencies for non-productive or illegitimate consumption purposes and urged the public to avoid unofficial recommendations or market rumours. The warning follows a letter from the Governor of the Central Bank of…
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