CENTRAL BANK OF SOUTH SUDAN

Location

Founded

2011-01-27

Risk Signals

112 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Commercial Banks, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about CENTRAL BANK OF SOUTH SUDAN

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South Sudanese authorities speak to VOA about World Bank and IMF Spring meetings

2024-04-22 (voaafrica.com)

South Sudanese authorities speak to VOA about World Bank and IMF Spring meetings

James Alic Garang, the Governor of the Bank of South Sudan, was recently in Washington for the World Bank and IMF Spring meetings where he met officials who said the East African nation's economy has potential to grow despite ongoing challenges. For updates, VOA's John Tanza spoke to Garang.

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Central Bank governor unveils policies to boost economic stability - Eye Radio

2023-11-26 (eyeradio.org)

Central Bank governor unveils policies to boost economic stability - Eye Radio

The Governor of the Bank of South Sudan on Saturday announced a set of comprehensive reform agenda to boost the financial stability including crackdown on street dollar sellers amid tottering exchange rate.

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South Sudan’s Economic Alarms Ring as Salary Increments Trigger Currency Crisis

2023-10-30 (ncmorningpost.com)

South Sudan’s Economic Alarms Ring as Salary Increments Trigger Currency Crisis

In a striking turn of events, South Sudan’ s economic stability is on the line as Dr. James Garang,

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Central Bank to finance import of essential commodities - Eye Radio

2023-05-27 (eyeradio.org)

Central Bank to finance import of essential commodities - Eye Radio

The Governor of the Bank of South Sudan said the institution is planning to finance the import of essential commodities in a bid to bring down runaway inflation. Johnny Damian Ohisa told reporters that the government has enough reserves to address the current inflation in the market.

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Central Bank blames inflation on imports dependency - Eye Radio

2023-05-20 (eyeradio.org)

Central Bank blames inflation on imports dependency - Eye Radio

The Bank of South Sudan on Friday said the sharp depreciation of South Sudan currency against the U.S. dollar is partly, due to the country’s dependence on imports from the region. The pound has plunged to its weakest level since independence – sending commodity prices skyrocketing.

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South Sudan increases interest rate to address currency depreciation | News Ghana

2023-03-27 (newsghana.com.gh)

South Sudan increases interest rate to address currency depreciation | News Ghana

The Bank of South Sudan, the central bank of the country, on Thursday increased the interest rate by 3 percent to 15 percent to prevent depreciation of the South Sudanese pound (SSP), the local currency, and inflationary pressure.

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BoSS responds to inflation-induced economic downturns - Eye Radio

2023-03-24 (eyeradio.org)

BoSS responds to inflation-induced economic downturns - Eye Radio

The Bank of South Sudan has taken measures against the depreciation of the pound including the continuous auctioning of the US dollars and draining of excess pounds from the market.

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Central Bank blames inflation on hikes of US interest rate - Eye Radio

2023-02-11 (eyeradio.org)

Central Bank blames inflation on hikes of US interest rate - Eye Radio

The Bank of South Sudan said the rise in value of the United States dollar against the local currency is partly due to the hikes of interest rates by the US Federal Reserve.

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South Sudan Economic Update, July 2018

(worldbank.org)

South Sudan Economic Update, July 2018

Real GDP is projected to further contract by 3.5 percent in FY2018, following the contraction of about 6.9 percent in FY 2017. Monetization of the fiscal deficit led to strong money growth and high inflation, although there are indications that borrowing from the Bank of South

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South Sudan Economic Update, July 2018

(worldbank.org)

South Sudan Economic Update, July 2018

Real GDP is projected to further contract by 3.5 percent in FY2018, following the contraction of about 6.9 percent in FY 2017. Monetization of the fiscal deficit led to strong money growth and high inflation, although there are indications that borrowing from the Bank of South

Read more

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