TRIPOLI, Oct. 14 (Xinhua) -- Libya's central bank said on Tuesday it has contracted to print 60 billion Libyan dinars (around 11.03 billion U.S. dollars) to maintain cash liquidity as it withdraws old banknotes from circulation.
The Central Bank of Libya, headquartered in Tripoli, said in a statement that the move was a precautionary step to replace 1, 5 and 20 dinar notes with newly printed currency. The new banknotes are expected to arrive in stages in the coming period under an approved delivery plan, it added.
