Libyans still have difficulties withdrawing cash from banks
Libyans are still suffering from a liquidity crisis with long queues forming at banks to withdraw cash making living conditions worse than ever for people.
|The crisis continues even though large quantities of dinars have been printed in England by the central bank associated with the Libyan Government of National Accord(GNA) based in Tripoli and also printed in Russia by the rival bank of the House of Representatives based in Bayda. As noted in arecent article there were sent:|
.. 70 million dinars worth about $50 million to the GNA central bank in Tripoli and is delivering another 1 billion dinars now and during Ramadan. The rival bank in Bayda, with governor Ali Salim al-Hibri, has reportedly printed 4 billion dinars worth of banknotes in Russia.The two banks agreed that the two different notes would be distributed in both the GNA area and that controlled by the HoR. The Tripoli bank received a large shipment as long ago as June 18th and Russian-printed notes have arrived as well.