South Sudan bans illegal trading in foreign currency ...Sudan

April 7, 2024 (JUBA) – The Central Bank of South Sudan has announced measures restricting illegal dealings in the foreign currencies on the market. The move underscores the extent to which the country is tackling economic challenges largely attributed to disruption in the follow of oil due to war in Sudan. The Central Bank Governor, James Alic Garang told reporters at a news conference held in Juba on Friday last week that the grace period of 45 days given to allow registration had elapsed, but that the bank was still willing to receive clients ready for registration and not recognize operation without permission and knowledge of the bank and relevant institutions in the country. “We have d

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