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Puntland region of Somalia announces that it will introduce a new regional currency in 2025.

The Puntland region of Somalia announces that it will introduce a new regional currency in 2025. The region had previously shifted to use of the United States dollar in 2021, due to severe inflation of the Somali shilling.

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BusinessPuntland region of Somalia announces that it will introduce a new regional currency in 2025.

The Puntland region of Somalia announces that it will introduce a new regional currency in 2025. The region had previously shifted to use of the United States dollar in 2021, due to severe inflation of the Somali shilling.

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