Bank of Somaliland
sell  8530 | buy  8630
sell  10097 | buy  9980
sell  11823 | buy  11686
sell  2330 | buy  2303
sell  2330 | buy  2303
sell  190 | buy  188
sell  79 | buy  78
Policies & Regulations
About the monetary policy According to the article 4 of the central bank act no.54/2012, the primary objective of the central bank is to achieve and maintain the domestic price stability. Achieving such objective is not possible in the absence of stability in the value of national currency. There fore the CBSL have developed  a 5 year strategic plan (2018 -2022) that will strengthen the monetary policy department to strictly monitor the exchange rate behavior and intervenes in the market under the managed floating exchange rate regime to minimize the impacts of sharp exchange rate volatility on the level of commodity prices as well as other macro-economic indicators. Since Somaliland is small open dual currency economy with a long-lasting trade deficit, these the exchange rate volatility impacts the domestic price stability. There for the CBSL will monitor the exchange rate behavior and maintains the managed floating exchange rate regime to harmonize monetary and exchange rate policies. The Bank plays a vital role in maintaining this confidense through its monetary stability objective.