The Volatility Of Somalia’s Unregulated Exchange Rates

Sistem kewangan dan mata wang negara (Shiling Somalia) dahulunya stabil dan kukuh.Walau bagaimanapun, Shilling Somalia mula merudum selepas 1980-an, dan akhirnya tersungur ke tahap yang teruk.Kerajaan pusat negara Somalia runtuh pada tahun 1990 selepas tiga dekad menikmati kestabilan ekonomi dan...

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Main Author: Ibrahim Nor, Mohamed
Format: Thesis
Language:English
Published: 2015
Subjects:
Online Access:http://eprints.usm.my/31901/1/MOHAMED_IBRAHIM_NOR.pdf
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author Ibrahim Nor, Mohamed
author_facet Ibrahim Nor, Mohamed
author_sort Ibrahim Nor, Mohamed
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description Sistem kewangan dan mata wang negara (Shiling Somalia) dahulunya stabil dan kukuh.Walau bagaimanapun, Shilling Somalia mula merudum selepas 1980-an, dan akhirnya tersungur ke tahap yang teruk.Kerajaan pusat negara Somalia runtuh pada tahun 1990 selepas tiga dekad menikmati kestabilan ekonomi dan sosial. Berikutan kegagalan itu, mata wang tersebut terus didagangkan tanpa kawalan kerajaan. Pasaran tukaran mata wang asing tempatan pula beroperasi tanpa seliaan mana-mana pihak.Walaupun rakyat Somalia berurus niaga mata wang dalam pasaran tersebut, ia dikritik kerana tidak memiliki asas pasaran tukaran dagangan. Semasa tempoh kemunduran ini, nilai Shiling mengalami fenomena ketidakaturan yang tidak boleh dijangka, lebih-lebih lagi pada tahun 1997, 2001, 2008, dan 2011 Historically, the monetary system of Somalia was stable and its national currency (Somali Shilling) had very strong value but Somali shilling started to depreciate after 1980s and its value reached to a very low level. Somalia’s central government collapsed in 1990 following three decades of stability. Following the collapse of the government, the national currency continued to circulate without sovereign support and the country’s FX market has been operating without regulation. Though Somali people have been using this FX market, the market is criticized of not having the basic foundations of an FX market. During this period, the value of the Shilling experienced unpredictable volatility in particular in 1997, 2001, 2008, and 2011.
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spelling usm.eprints-319012019-04-12T05:25:43Z http://eprints.usm.my/31901/ The Volatility Of Somalia’s Unregulated Exchange Rates Ibrahim Nor, Mohamed HD28-70 Management. Industrial Management Sistem kewangan dan mata wang negara (Shiling Somalia) dahulunya stabil dan kukuh.Walau bagaimanapun, Shilling Somalia mula merudum selepas 1980-an, dan akhirnya tersungur ke tahap yang teruk.Kerajaan pusat negara Somalia runtuh pada tahun 1990 selepas tiga dekad menikmati kestabilan ekonomi dan sosial. Berikutan kegagalan itu, mata wang tersebut terus didagangkan tanpa kawalan kerajaan. Pasaran tukaran mata wang asing tempatan pula beroperasi tanpa seliaan mana-mana pihak.Walaupun rakyat Somalia berurus niaga mata wang dalam pasaran tersebut, ia dikritik kerana tidak memiliki asas pasaran tukaran dagangan. Semasa tempoh kemunduran ini, nilai Shiling mengalami fenomena ketidakaturan yang tidak boleh dijangka, lebih-lebih lagi pada tahun 1997, 2001, 2008, dan 2011 Historically, the monetary system of Somalia was stable and its national currency (Somali Shilling) had very strong value but Somali shilling started to depreciate after 1980s and its value reached to a very low level. Somalia’s central government collapsed in 1990 following three decades of stability. Following the collapse of the government, the national currency continued to circulate without sovereign support and the country’s FX market has been operating without regulation. Though Somali people have been using this FX market, the market is criticized of not having the basic foundations of an FX market. During this period, the value of the Shilling experienced unpredictable volatility in particular in 1997, 2001, 2008, and 2011. 2015-05 Thesis NonPeerReviewed application/pdf en http://eprints.usm.my/31901/1/MOHAMED_IBRAHIM_NOR.pdf Ibrahim Nor, Mohamed (2015) The Volatility Of Somalia’s Unregulated Exchange Rates. PhD thesis, Universiti Sains Malaysia.
spellingShingle HD28-70 Management. Industrial Management
Ibrahim Nor, Mohamed
The Volatility Of Somalia’s Unregulated Exchange Rates
title The Volatility Of Somalia’s Unregulated Exchange Rates
title_full The Volatility Of Somalia’s Unregulated Exchange Rates
title_fullStr The Volatility Of Somalia’s Unregulated Exchange Rates
title_full_unstemmed The Volatility Of Somalia’s Unregulated Exchange Rates
title_short The Volatility Of Somalia’s Unregulated Exchange Rates
title_sort volatility of somalia s unregulated exchange rates
topic HD28-70 Management. Industrial Management
url http://eprints.usm.my/31901/1/MOHAMED_IBRAHIM_NOR.pdf
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