Day: February 6, 2018

Usage of Somaliland Shilling as E-Money is the Golden Cure for the Recurring Currency Depreciation

The Government of Somaliland has recently passed an Executive Order aimed at stabilizing the foreign exchange market and tackling the dwindling exchange rate of the Somaliland Shilling (SlSh) against the United States Dollar. Over the past couple of years, the Somaliland Shilling has dropped from SlSh 6,500 to the Dollar to about SlSh10,000 or almost 54%. However, it should be noted that compared to the Region’s other Continue reading “Usage of Somaliland Shilling as E-Money is the Golden Cure for the Recurring Currency Depreciation”