Libya Battles Cash Shortage Amid Counterfeit Banknote Scandal

Libya Battles Cash Shortage Amid Counterfeit Banknote Scandal

Libya’s fragile economy is facing renewed turmoil as the Central Bank of Libya launches an emergency recall of 50 and 20 dinar banknotes after uncovering a massive wave of counterfeit currency in circulation. Authorities say the fake banknotes many allegedly printed in Russia under a rival administration during the country’s political divide have triggered a […]