Tag Archive: Somalia

• Aug-20-2024

  Somalia – Upper House debates reviving Somali currency and printing new banknotes.

  Yesterday, 19 August 2024, Somalia’s Upper House debated reviving the Somali shilling and printing new notes. Currently most transaction are...

• Sep-22-2023

  Somalia – New banknotes?

  These well circulated banknotes of 10,000; 20,000 and 50,000 Somali shilin were presented for exchange to a currency dealer in...

• Jan-26-2023

  Somalia – New banknotes in mid-2024.

  Ali Yasin Wardhere, Deputy Governor of the Central Bank of Somalia, told Xinhua in a recent interview that there are...

• Jan-17-2023

  Somalia – Central Bank plans to issue a new banknote.

  Bloomberg reports that the Central Bank of Somalia plans to issue in 2024 redesigned banknotes of 1,000 shillin (SOS1,000.2). Presently...

• Jan-5-2023

  Somalia – Central Bank calls for printing of new banknotes.

  Yesterday, 4 January 2023, in a meeting in Mogadishu chaired by Prime Minister Hamza Abdi Barr the Central Bank of...

• Feb-1-2022

  Somalia – New banknotes to be printed.

     You first saw it here… Abdidrahman Mohammed Abdullahi, Governor of the Central Bank of Somalia, said in late 2021...

• Apr-22-2019

  Somalia – New Governor for the Central Bank.

  Newly appointed Central Bank governor Abdirahman Mohamed Abdullahi Sunday took office amid great expectations as the country seeks funding to...

• Mar-14-2019

  Somalia – It seeks experts to replace old currency.

  The Somali government is seeking the services of a Kenyan based currency expert seconded by the IMF to issue a...

• Aug-12-2018

  Puntland (Somalia)

  The possible installation of a banknote printing facility in the premises of the Finance Ministry of this autonomous region of Somalia has...

• Jun-19-2018

  Somalia

  MP Abdullahi Mohamed Nur, former finance minister, has warned the government against printing new currency. He said that there are...

• Jun-11-2018

  Somalia

  The notice about the issue of new banknotes of 5,000 (SOS5,000.1) and 10,000 shillings (SOS10,000.1) published by us yesterday has...

• Jun-10-2018

  Somalia

  A twit from Harun Maruf shows what seems to be pictures of the new notes of 5,000 (SOS5,000.1) and 10,000...

• May-17-2018

  Somalia

  Somalia got the approval of the International Monetary Fund to roll in the first phase of the issue of new...

• Sep-18-2017

  Somalia – Puntland

  An article published yesterday by Liban Ahmad in Somaliland Press details the problems caused in the Puntland region by the...

• Jul-31-2017

  Somalia

  Central Bank Governor Bashir Isse Ali told the media on Thursday that the new notes that are being planned will...

• Jul-28-2017

  Somalia

  Bashir Isse Ali, Somalia’s Central Bank governor, told a news conference in Mogadishu that the bank will print new notes...

• Jul-13-2017

  Somalia

  In several areas of Somalia Ethiopian currency notes are being used instead of the 1,000 Somali shillings notes, due to...

• Jul-12-2017

  Somalia

  The International Monetary Fund has issued its Country Report No. 17/204 of July 2017 about Somalia in which they mention...