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currency

Date Snippet Page
2014/04 Government in Bor is providing hard currency to selected traders, apparently in order to bring more imported goods to the area. Snippet
Reference Mini-review
Garang Atem Ayiik, 2014/05/20. Bibliography item: Garang Atem Ayiik (2014/05/20) "South Sudan Pound Appreciation, Risks and Policy Options". (Article). PaanLuel Wël. [Article] PaanLuel Wël. Accessed online.

This article sets out to understand why the SSP has strengthened against the USD in the black market since December 2013, and why bank are refusing or rationing withdrawals of USD from USD bank accounts. The author surmises that USD are leaking from the Central Bank into the black market without passing through the official market, and that too many SSP are being held in the banks. He recommends that the asset position of the Central Bank should be monitored, and that more SSP released into the economy (by prompt payment of salaries) to prevent a catastrophic reduction in economic activity.

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