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Juba traders skeptical of local currency gains

Konyo Konyo Market in Juba, South Sudan. [Photo: JA Akec, 2017] Traders in the Juba are treating the gains made by the South Sudanese Pound (SSP) against the US Dollar with cautious circumspection and say they are skeptical that the local currency will remain stable because prices of commodities in the market have not fallen.  Early last week, the SSP gained against the USD as a result of the Central Bank injecting USD 5 million into the market by auctioning the hard currency to commercial ban...
Central Equatoria State Wilayat Bahr Al Jabal South Sudan David Onyango Susan Kaku Abraham Maliet Mamer

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