eDahab complies with Somaliland govt regulations on money transfer
5 days ago, 16:09
he new regulation bars also mobile payment companies from providing foreign exchange services through the mobile payment systems. The regulation is intended to stabilize the exchange rate of Somaliland currency to US dollars and to eliminate use of dollars as a functional currency in the local economy. It is also further aimed at reducing rising inflation in the country. The Central Bank of Somaliland has already confirmed the new regulation which it says its for the good of the country’s econom ...
Category: business finance