Somalia plans to introduce new notes by 2024
Sakshi Education
![Somalia plans to introduce new notes by 2024](/sites/default/files/images/2023/01/24/somalia-newnotes-1674564708.jpg)
- The Central Bank of Somalia is planning the first new issue of 1,000 shilling ($1.76) banknotes for more than three decades. The last 1,000 shilling note entered circulation in 1990, the year before Somalia’s central government collapsed.
- The pre-civil war paper currency had continued to circulate, but over time the notes have worn out and counterfeits have driven out genuine pieces.
>> Download Current Affairs PDFs Here
Download Sakshi Education Mobile APP
![Sakshi Education Mobile App](/sites/default/files/inline-images/CAs_0.jpg)
Published date : 24 Jan 2023 06:21PM