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The Presidential Council suspends its previous decision to impose a fee on foreign exchange sales to implement the decision of the Board of Directors of the Central Bank of Libya regarding the amendment of the exchange rate of the Libyan dinar.

Pulbished on:
Tripoli January 3, 2021 (LANA) - The Presidency Council of the Government of National Accord decided to temporarily suspend work on its Resolution No. (1300) of 2018 regarding imposing a fee on foreign exchange sales, and the decisions issued pursuant for a period of three months, subject to extension. In the second article of its decision, the council stated that the start of this decision will be linked with the implementation of the decision of the Board of Directors of the Central Bank of Libya No. (1) of 2020 regarding the amendment of the Libyan dinar exchange rate. It is noteworthy that the bank's board of directors had issued in its last meeting a decision to amend the exchange rate of the Libyan dinar and unify it so that the exchange rate in all governmental, commercial and personal transactions would be at (4,48) Libyan dinars against the US dollar. ...(LANA)...