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Central Bank Announces Measures to Stabilise the Pound

Economy Platform Admin

New monetary measures aim to ease pressure on the exchange rate and improve access to foreign currency.

The Central Bank of South Sudan has announced a set of measures intended to stabilise the South Sudanese pound and improve the availability of foreign currency for legitimate business transactions. Analysts welcomed the move but cautioned that implementation and coordination with commercial banks will determine the impact on prices and imports. Businesses say predictability in the exchange rate is essential for planning, pricing and investment decisions in the coming year.
Tags: Trade Finance
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