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Home Libya

No new banknotes says Central Bank

byMichel Cousins
November 26, 2015
Reading Time: 1 min read
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By Libya Herald reporter.

Tripoli, 26 November 2015:

Reports that the Central Bank is to replace the current five and ten dinar banknotes are not . . .[restrict]true, the Central Bank of Libya has said.

Rumours, together with supposed new designs, have been circulating on social media that the Central Bank was bringing in the new designs to order to render worthless the alleged hundreds of millions of dinars supposedly moved abroad.

However, most Libyan money abroad, whether legally or illegally gained, is not in cash, and certainly not in Libyan banknotes.

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The current banknotes were introduced at the beginning of 2013.

 

  [/restrict]

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