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    Central Bank of Libya building in Tripoli

    Russia to Print Total of 4Bln Libyan Dinars - Libya's Central Bank

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    Libyan Central Bank ordered 4 billion new Libyan dinars to be printed in Russia, Deputy Governor of Libyan Central Bank Idris Ehemer told Sputnik Wednesday.

    Al Bayda (Libya) (Sputnik) — A total of 400 million Russia-printed Libyan dinars ($292 million) has already been delivered to the eastern Bayda airport from Moscow.

    "The Central Bank made ​​a deal with Russia's largest printing house to print four billion Libyan dinars, which will be delivered in [separate] parties," Ehemer said, abstaining from naming the printing house.

    It has been reported that local banks are short of cash as entrepreneurs took their savings worth 24 billion dinars out of the country.

    The Government of National Accord arrived in Tripoli in March to take charge of the country. Since the ouster of Libya’s leader Muammar Gaddafi by Western-backed Islamic extremists in 2011, Libya has been in a security vacuum that was filled by Islamist radicals.

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