Gov’t says it has run out of foreign exchange reserve

August 20, 2020 (Nyamilepedia) – South Sudan government has announced that it has run out of foreign exchange reserve, days after the Pound hit a new record low on the black market against the United States dollar. Speaking during a news conference in the South Sudanese capital Juba, Daniel Kech Pouch, the second deputy of the Central Bank said the […]

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Kiir sacks central bank governor, no reasons cited

January 22nd 2020 (Nyamilepedia) – South Sudan President Salva Kiir Mayardit has removed Central Bank Governor Dier Tong Ngor. The Presidential Decree read out on the state-own South Sudan Broadcasting Corporation (SSBC) this evening gave not reasons for the sacking. Ngor who was appointed to head the top financial institution in the country was replaced by Jamal Abdalla Wani. Wani […]

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