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Encyclopedia > Bank of Somaliland
Somaliland
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This article is part of the series:
Culture of Somaliland It has been suggested that British Somaliland be merged into this article or section. ... // Somali History The origins of the Somalis and their time of entry into present-day Somalia has been debated, with Somalis claiming descent from Arabian families who settled on the coast 1,000 years ago, and historians tracing the origins to pre-15th century. ...

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The Bank of Somaliland (Baanka Somaliland) was established in 1994. It acts as both a central bank and a commercial bank. The monetary authority was provided for in the National Constitution of the Republic of Somaliland. [1] Most Somalis are Sunni Muslims. ... The Somali language is a member of the East Cushitic branch of the Afro-Asiatic family. ... The Coins of Somaliland have had a very short numismatic history so far. ... It has been suggested that British Somaliland be merged into this article or section. ... The holidays in Somaliland: Somaliland uses two calendar systems: the Gregorian calendar primarily, but the Islamic calendar for religious holidays. ... The Military of Somaliland personnel is largely composed of three groups: The former Somaliland National Movement (SNM) guerilla fighters who opposed to former dictator Siad Barres rule. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... A commercial bank is a type of financial intermediary and a type of bank. ... Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. ... It has been suggested that British Somaliland be merged into this article or section. ...


The bank aims, in line with Article 3 of the Constitutive Law of Somaliland Bank to:

World inflation rate, based on CIA factbook figures In economics, inflation is a fall in the market value or purchasing power of money. ... Accumulated GDP growth for various countries. ...

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  • Bank of Somaliland


 
 

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