Political Affairs

UNSMIL applauds the CBL decision to unify the exchange rate

Libyan Cloud News Agency – Tripoli

The United Nations Support Mission in Libya (UNSMIL) applauded the Board of Directors of the Central Bank of Libya for the decision taken to unify the exchange rate.

UNSMIL described the decision as an important and much needed step towards alleviating the suffering of the Libyan people and a good sign that this vital sovereign institution is moving towards unification. 

Acting Special Representative of the Secretary-General Stephanie Williams stressed that it is the moment for all Libyans, particularly the country’s political actors, to demonstrate similar courage, determination and leadership to put aside their personal interests and overcome their differences for the sake of the Libyan people in order to restore the country’s sovereignty and the democratic legitimacy of its institutions.

The Board of Directors of the Central Bank of Libya agreed on Wednesday to unify the exchange rate of the US dollar at 4.48 Libyan dinars.

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