Counterfeit banknotes devalue Libyan dinar - Libya Al-ahraar

libyaalahrar.net

Counterfeit banknotes devalue Libyan dinar - Libya Al-ahraar

Reuters says that unofficial Libyan banknotes have been exchanged for real dollars and contributed to the dinar’s devaluing, according to three sources familiar with the matter. The sources told Reuters that some banknotes were printed by Russia and exported to eastern Libya this year while others were printed illicitly within Libya. The new banknotes have been described as counterfeit by the Central Bank of Libya (CBL) in Tripoli but are being …