Libya's post-Gaddafi monetary situation complicates any straightforward reading of this note. From 2014 onward, the country operated with two rival central banks — one in Tripoli, one in Tobruk — each claiming legitimacy and issuing currency independently. This note falls under the internationally recognized Tripoli-based Central Bank, though parallel issues from the eastern administration created significant counterfeiting concerns and currency duplication that distorted the money supply for years.
Thomas De La Rue's involvement is notable given the political pressure surrounding Libyan currency contracts during this period. An earlier order placed with a Russian printer on behalf of the eastern-backed government in 2016 flooded the country with billions of dinars, deliberately undermining the CBL's monetary control.
Libya's post-Gaddafi monetary situation complicates any straightforward reading of this note. From 2014 onward, the country operated with two rival central banks — one in Tripoli, one in Tobruk — each claiming legitimacy and issuing currency independently. This note falls under the internationally recognized Tripoli-based Central Bank, though parallel issues from the eastern administration created significant counterfeiting concerns and currency duplication that distorted the money supply for years.
Thomas De La Rue's involvement is notable given the political pressure surrounding Libyan currency contracts during this period. An earlier order placed with a Russian printer on behalf of the eastern-backed government in 2016 flooded the country with billions of dinars, deliberately undermining the CBL's monetary control.