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Page 17 - லிபியா மாற்றாந்தாய் வில்லியம்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Signs of Failure Emerge at the Libyan Political Dialogue Forum

Wednesday, 16 December, 2020 - 09:45 The Libyan Dialogue Forum in its first session, which was held on the outskirts of the Tunisian capital on November 9 (AFP) Cairo - Khalid Mahmoud With signs of failure emerging at the UN-sponsored Libyan Political Dialogue Forum after rivals having refused to agree on the mechanisms of appointing a new authority, UN acting envoy for Libya Stephanie Williams pledged to focus on upcoming elections and not to allow hinderers to have their way. Libya’s rivals failed to agree on a mechanism to choose a transitional government that would lead the conflict-stricken country to elections in December next year, the United Nations said on Tuesday.

Libya s Central Bank approves new official exchange rate

Libya’s Central Bank approves new official exchange rate by Samy Magdy, The Associated Press Posted Dec 16, 2020 1:27 pm EDT Last Updated Dec 16, 2020 at 1:28 pm EDT CAIRO Libya’s Central Bank said its board has approved a single official exchange rate for its currency, the dinar, following its long-awaited meeting Wednesday. The United Nations hailed the move as “important and much needed” amid a years-long conflict that crippled the economy of the oil-rich North African country. The Central Bank of Libya’s board set the new rate at .48 dinars per U.S. dollar, according to a statement from the bank. It said the new rate would go into effect starting Jan. 3.

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