The Presidential Council of the Government of National Accord issued a decision to suspend work temporarily with a decision to impose fees on foreign exchange sales and the decisions issued pursuant thereto.
According to the statement issued by the Presidential Council, this suspension will continue for a period of three months, which can be extended, in the event that the Central Bank of Libya’s Board decision lifts restrictions on foreign exchange sales for all purposes.
It is noteworthy that the Board of Directors of the Central Bank of Libya approved, on December 16, 2020, a recommendation to amend the value of the Libyan dinar against the dollar so that the dollar would amount to 4,48 dinars, provided that this will start to work as of today, Sunday, 03 January, 2021.
