South Sudan Currency Devalued 84% After Unpegging From DollarMani
South Sudan's currrency dropped 84% on Tuesday as the central bank freed the South Sudanese pound to trade at black market prices several times the official rate.
The Bank of South Sudan noted in a statement: “All foreign exchange business shall be transacted at market determined exchange rate”.
South Sudan's central bank adopted parallel market rate
Surrendering to prices charged in the black market, Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat