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Exclusive: Central Bank Orders Banks to Collect Withdrawn Banknotes and Halt Reissuance

Our source has exclusively obtained a circular from the Central Bank of Libya addressed to banks, instructing them not to reintroduce the banknotes scheduled for withdrawal at the end of September.

The circular emphasized that cashiers must collect all banknotes withdrawn from circulation, closely monitor compliance with the instructions, and warned that the penalties stipulated by law will be applied to violating banks.

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