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Gov’t orders mandatory local currency banking to combat illicit funds
08 May 2025 16:29 GMT
… Unit (FIU) of South Sudan has issued a sweeping … businesses to deposit their South Sudanese Pound (SSP) holdings into … and ensuring all local currency transactions occur through regulated … the Government of South Sudan, specifically established to combat …
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Sudan and the Politics of Debt
30 Apr 2025 09:49 GMT
… . Until then, the Sudanese Pound had maintained the same … the dollar since the Sudanese Pound was established in 1957 … Pound had been the official currency of the Anglo-Egyptian Condominium of Sudan … and further devalued the currency. Whereas Western commentary …
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Battle for Khartoum wrecks key Sudan oil refinery
20 Mar 2025 12:20 GMT
…
And hard currency is in desperately short supply in Sudan after the … nation's economy.
The Sudanese pound now trades at around 2 … media, said that even if Sudan secured the necessary financing, … Sudanese economy.
But when South Sudan seceded in 2011, the …
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Central Bank of Sudan restricts flow of foreign currency
28 Jan 2025 18:49 GMT
… Sudan, which contributes to weakening the purchasing power of the Sudanese Pound … deposited with the Bank of Sudan. The expert noted that … is used to buy foreign currency.
Identify areas of real … , the Central Bank of Sudan issued a circular containing the …
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Kiir directs Bank of South Sudan to restore currency value
27 Feb 2025 11:11 GMT
… the value of South Sudan pound that has drastically depreciated … ,” Kiir said.
South Sudan has been experiencing catastrophic … inflation after the Sudan war caused a significant … meets its expenditures.
The pound currency depreciated by 70% against …
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Kiir directs currency strengthening
27 Feb 2025 09:08 GMT
… the Bank of South Sudan to implement substantial strategies … the value of the South Sudan Pound.
The directive was announced … Central Bank.
The South Sudan pound has depreciated further against the … caused a scarcity of local currency bills in circulation as …
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Opinion | How Eng. Napoleon Adok transformed the ICT sector in South Sudan
05 Feb 2025 14:08 GMT
… Officer of the South Sudan International Gateway.
Joining … collected by the South Sudan Revenue Authority.
Affordable tariffs … rate of the South Sudanese Pound against the US Dollar, … s independence, evidenced by currency depreciation, leading to hyperinflation …
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Sudan’s cash crisis threatens El Gedaref sorghum and millet harvest
30 Jan 2025 12:54 GMT
… the higher productivity.
Currency Exchange Committee Approval
The … Supreme Committee for Currency Exchange and Replacement … confidence in the national currency.
Adding to the … Sudan’s policies to contain the continuous deterioration of the Sudanese Pound …
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Plane crash in South Sudan leaves 18 deaths
29 Jan 2025 15:53 GMT
… beginning of this month, South Sudan announced the resumption of its … that allowed oil export to Sudan. This neighboring nation is experiencing … the collapse of the local currency, the Sudanese pound, against the dollar, as …
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Sudan timeline October-December 2024: Reports of famine and calls for peace overshadowed by war
24 Jan 2025 14:58 GMT
… pledges ongoing support for Sudan. Sudan’s finance minister … CBoS will “encourage illegal currency trade.”
November 16: … humanitarian assistance to Sudan.
December 21: Sudan’s Joint … Sudanese pound devalued, COVID-19 vaccine roll-out begins
Sudan timeline …