Our exclusive sources told that the Central Bank of Libya is set to withdraw the 5-dinar note from the sixth issuance and the 20-dinar notes from older issues.
The Central Bank will also impose a commission on large deposit amounts from these denominations after a grace period, which will be determined at a later date.
According to the sources, this move comes after ensuring the availability of the newer, more secure 5, 10, and 20-dinar notes. The goal is to eliminate older currency associated with suspicions of corruption, forgery, and improper printing.
