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2023-01-20 12:30:07

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills with newly designed banknotes in 2024. Preserving the Value of New

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