Shilling

Friday April 17, 2026 Mogadishu (AX) — After days of commercial strain in Somalia’s capital, authorities in Mogadishu moved on Thursday to enforce an order compelling traders to accept the Somali shilling. Banadir Regional Governor Hassan Mohamed Hussein Muungaab issued the directive in response to mounting complaints that refusal to take the national currency had disrupted everyday business and public transport across the city. Under the order, any trader who declines the Somali shilling will be regarded as violating the…

Tuesday April 14, 2026 Mogadishu (AX) — In a swift and sweeping move that caught many residents off guard, traders across Mogadishu on Monday stopped accepting the Somali shilling, pushing the national currency out of one of the last major markets where it still circulated in limited form. The change took hold quickly in the city’s busiest markets, on public transport and in neighborhood shops, leaving many people — especially low-income residents who depend on cash for daily purchases — facing immediate difficulties paying…

By Abdullahi Farah AbdullahiMonday April 13, 2026 1. Hordhac iyo Muhiimadda Shilin Soomaaliga Shilin Soomaaliga, oo ah lacagta rasmiga ah ee Jamhuuriyadda Federaalka Soomaaliya tan iyo 1962, wuxuu muddo dheer ka mid ahaa astaamaha ugu waaweyn ee dhaqaalaha dalka. Waxaa lagu bixin jiray mushaaraadka shaqaalaha dowladda, canshuuraha ayaa lagu uruuri jiray, ganacsiguna si caadi ah ayuu ugu socon jiray. Xilli nidaamka maaliyadeed uu lahaa qaab dhisan, Shilinku wuxuu ka tirsanaa lacagaha bulshada iyo ganacsatadu si buuxda ugu…

On a sunny day in Nairobi, Kenya, the Central Bank Governor, Patrick Njoroge, exhibited crisp Kenyan shilling bills during a vibrant news conference at the Central Bank on June 3, 2019. The financial air was palpable with speculation as these colorful slips of currency held center stage. Photo credits to REUTERS/Baz Ratner. Recently, the Kenyan shilling took a bit of a nosedive when pitted against the dollar. A local trader spilled the beans, saying that this wasn't just a Kenyan phenomenon – the dollar was flexing its…