by bssCentral Bank to sustain foreign exchange auctions
The Bank of South Sudan (BoSS) informs the market and public that it is maintaining the foreign exchange auctions to safeguard the recent gains of South Sudan pound against US dollar.
It also refutes the report published by Juba Monitor newspaper on Wednesday, August, 04, 2021, alleging that the money allocated to the foreign exchange auctions has finished. The paper should have rightfully quoted the Governor of Central Bank, Hon. Dier Tong Ngor. The governor stated clearly beyond the reasonable doubt that the foreign exchange auctions would continue unabated until the goal is achieved.
On Tuesday, the governor announced at the press conference that the multiple exchange rates have been unified to stability the market and keep the parallel market at bay.