March 24, 2023

 CBL announces the arrival of second batch of Liberian banknotes

After burning about six hundred and sixty-nine million Liberian dollars mutilated banknotes on January 30, 2022, the Central Bank of Liberia (CBL), announces the arrival of the second batch of new 100 Liberian Dollar banknotes totaling LRD$4 billion, to commence the replacement of old Liberian dollar banknotes, on February 2, 2022. The new banknotes were safely secured in the vaults of the CBL Headquarters on Thursday, February 3, 2022, according to reports.

Late last year November 25, 2021, It is established the CBL received the first batch of LRD$ 4 billion to ease the festive season liquidity pressure. The second arrival of the new banknotes was witnessed by representatives of the United States Agency for International Development (USAID), Resident Representative of the African Development Bank, members of the Technical Committee for Currency Reform (TCCR), and CBL’s Internal Audit Department. 

 CBL however informed the public that the new Liberian banknotes will be used to replace the current stock of Liberian currency and meet the liquidity needs of the economy for the period 2022 to 2024.

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