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Libya’s divided central bank board holds rare meeting

Libya’s divided central bank board holds rare meeting

THE board of the Central Bank of Libya, whose western and eastern branches have for years been split between the country's warring rivals, said it held a first meeting in years on Monday. Unifying key institutions, including the CBL, and creating a single exchange rate across Libya have been key goals of a U.N.-led process aimed at resolving some of the economic problems obstructing a political solution to the conflict. CBL said in a statement that it had held a preliminary meeting to discuss the reactivation of the board's work including ensuring stability of prices, supporting the integrity of the…
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