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South Sudan traders look to Central Bank to stem forex losses

A market in Juba. South Sudan relies on imports from Kenya, Sudan and Uganda, a trade that puts pressure on the local currency. PHOTO | AFP

By  Garang Malak

Nation Media Group

Juba,

Traders and businesses are hoping for respite in the foreign exchange market after the Bank of South Sudan said it would inject dollars into the market to protect the local currency.

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