South Sudan suspends use of US dollar
Published on: Friday 10 February 2023
South Sudan’s government has, according to reports, suspended the use of the US dollar and instead directed all transactions be executed in the local currency, the South Sudanese pound (SSP). It is reported that the directive is one of the measures recommended by a committee appointed by President Salva Kiir to help address the country’s economic crisis. Most transactions in the country are carried out using the US dollar, largely due to...
News source: https://www.msn.com/en-xl/africa/other/south-sudan-suspends-use-of-us-dollar/ar-AA17muUX