The Central Bank of Libya based in Tripoli and its Al-Byada-based parallel counterpart agreed to withdraw the sixth issue of Libyan banknotes that are worth LYD1, LYD5 and LYD10, pointing that the withdrawal of banknotes will take place after forming a joint committee that shall specify the how and when of the process.
They both agreed that the committee will include five members and will be appointed by June 11 maximum.
It is noteworthy that a meeting, described as full of positive results, took place Saturday in Tunisia between the Tripoli-based CBL’s Governor Al-Siddeeq Al-Kabeer, and the parallel CBL’s Governor Ali Al-Hibri, who is appointed by the Tobruk-based HoR, in the presence of the Finance Committee of the HoR.
