The Governor of the Central Bank of Somaliland Dr. Ali Dahir has denied media reports that the government has injected un-needed extra and surplus local currency in circulation that the market cannot handle.
He categorically pointed out that the claims were mere baseless and flimsy allegations that had no any iota of truth in it.
He reminded the nation that the bank had always been constantly steadfast in holding various meetings with stakeholders to keep inflation in check.
He cautioned against the politicization of such matters saying that it can be detrimental to the markets and serious have negative impact hence warned politicians to cease and desist from such tendencies of making such allegations.
The governor similarly, warned money changers once again, against flouting banking regulations and directive by operating in underhand deals, reminding them that they would bear the full brunt of the law if they dare engage in such.
