Attack on Central Bank of Libya condemned by UN

United Nations criticises ‘armed attack’ of a central bank branch

libyagov
Still serving: Saddek Elkaber

An "armed attack" on one of the Central Bank of Libya offices drew criticism from the United Nations (UN) yesterday, with the organisation calling for an "independent commission of inquiry" into the incident.

The central bank is caught in the middle of a power struggle between two rival ‘governments' competing for control of the country. This week the central bank branch in Benghazi – a separate location from its headquarters in Tripoli – came under siege from a group of fighters.

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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