News / / 09.11.20

Voice of America: South Sudan, Sudan Address Economic Crises

South Sudan’s central bank said Friday that it planned to ban the use of foreign currency nationwide to prevent further depreciation of the South Sudanese pound against the U.S. dollar after prices of food and other basic commodities have skyrocketed in recent weeks and months.

Juba resident Saida Juan said prices were higher each time she headed to the market. The mother of seven said a kilo of meat, which sold for 700 South Sudanese pounds a few months ago, now costs 2,500 South Sudanese pounds, an increase that means her family can afford to eat only green vegetables these days.

She called on government officials to do everything in their power to stabilize prices…

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