Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 11 May 2018
Keywords: Monetary policy instruments, Currency reform, Central banks, Reserve management guidelines, Accounting reporting, new banknote, banknote, MTBs, IMF, counterfeit
This letter provides IMF staff's assessment on the readiness of the Central Bank of Somalia (CBS) to issue a new national currency under Phase I which will be limited to exchanging the counterfeit Somali shilling n...