Libya’s Central Bank (CBL) has printed 15 billion Libyan dinars in smaller denominations of 5, 10, and 20 dinars in an effort to ease the country’s cash shortage. The newly printed banknotes have begun entering circulation, according to the Fawasel news platform.
The move comes as the bank prepares to withdraw the 50-dinar note, which accounts for 13 billion dinars in total value.
The withdrawal is set for the end of April, with officials confirming that no extensions will be granted beyond the deadline.
The decision is seen as part of broader efforts to stabilize Libya’s monetary system and improve liquidity in the banking sector.
Economy
