Breaking news: Somalia’s shilling becomes worthless, money dumped in the streets of Somalia’s towns

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mahoka
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Breaking news: Somalia’s shilling becomes worthless, money dumped in the streets of Somalia’s towns

Post by mahoka »

Somalia’s shilling has lost all value, people have dumped their worthless bank notes in the streets of Somalia’s towns where large amounts of bank notes were seen dumped like rubbish. This comes after years of printing fake currency.




Very sad, I hope the poor people are protected from this somehow, where are the international NGOs, aid organisations etc?
grandpakhalif
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Re: Breaking news: Somalia’s shilling becomes worthless, money dumped in the streets of Somalia’s towns

Post by grandpakhalif »

Only in PL sxb, Faroole starting printing fake shillings to pay his soldiers and Gaas accelerated this. Anything past Beledweyne the shilling remains stable because its the old Siad Barre circulation
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TarTar
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Re: Breaking news: Somalia’s shilling becomes worthless, money dumped in the streets of Somalia’s towns

Post by TarTar »



consequences of Budhcadland counterfeiting hits folk in Hamar
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ReturnOfMariixmaan
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Re: Breaking news: Somalia’s shilling becomes worthless, money dumped in the streets of Somalia’s towns

Post by ReturnOfMariixmaan »

Somalia needs a new currency and a monetary policy this is untenable wallahi in the long run nacala.
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