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Home Libya

UNSMIL congratulates CBL on unification of exchange rate

bySami Zaptia
December 17, 2020
Reading Time: 1 min read
A A

By Sami Zaptia.

London, 17 December 2020:

UNSMIL yesterday congratulated the Board of Directors of the Central Bank of Libya for its decision taken to unify the exchange rate at yesterday’s ”long-awaited” meeting.

UNSMIL said the decision was ‘‘an important and much needed step towards alleviating the suffering of the Libyan people and a good sign that this vital sovereign institution is moving towards unification’’.

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UNSMIL head Stephanie Williams stressed that “Now is the moment for all Libyans — particularly the country’s political actors — to demonstrate similar courage, determination and leadership to put aside their personal interests and overcome their differences for the sake of the Libyan people in order to restore the country’s sovereignty and the democratic legitimacy of its institutions.”

 

CBL unified board meeting agrees new unified foreign exchange rate of LD 4.48/dollar | (libyaherald.com)

 

At Geneva Libyan economy reform meeting, UNSMIL calls for critical decisions within two days | (libyaherald.com)

The Maetig-Hafter proposal to resume oil exports: Analysis | (libyaherald.com)

 

Hafter announces he will permit restart of oil production and exports, but fails to withdraw forces and mercenaries from oilfields | (libyaherald.com)

 

CBL unified board holds a ‘‘preliminary’’ meeting | (libyaherald.com)

 

CBL: LD 3 bn in FX smuggling, money laundering – accuses local banks of corruption | (libyaherald.com)

 

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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

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Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million

Libyan Development and Reconstruction Fund signs three contracts with Italian company GKSD in health sector

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