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Somalia , Sunday 30 August 2026

An African country is bringing back its own currency after 35 years of relying on the US dollar

Published on: Wednesday 26 August 2026

An African country is bringing back its own currency after 35 years of relying on the US dollar Somalia is moving closer to restoring the Somali shilling after 35 years without issuing new domestic banknotes, as the East African country seeks to rebuild monetary sovereignty after decades of conflict and reliance on the US dollar. | Business Insider Africa


News source: https://africa.businessinsider.com/local/lifestyle/an-african-country-is-bringing-back-its-own-currency-after-35-years-of-relying-on-the/qw7nsbj

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