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South Sudan’s central bank ordered unauthorized currency traders to gather in groups at designated streets of the capital next week as part of a plan to regulate the nation’s parallel foreign ...

Nearly half of Africa’s currencies are expected to weaken against the U.S. dollar in 2025, driven by geopolitical tensions ...

The drop in oil exports has hurt South Sudan’s economy, leaving the government unable to pay its workers. Families are struggling with hyperinflation, a steep drop in the value of their currency, and ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

As of early 2025, inflation across Africa is finally slowing down after a turbulent economic period marked by currency ...

The United States is being asked to explain why it appears to be deporting migrants from as far away as Vietnam and Cuba to ...

Juba - Newly independent South Sudan said on Monday it planned to roll out its new currency in a week - earlier than expected - at a one-to-one value with the north Sudan pound. South Sudan seceded ...

The country’s currency lost 60 percent of its value between summer 2021 and fall 2022, significantly reducing South Sudan’s purchasing power. How is the war in Sudan affecting South Sudan? On April ...

added that the lack of oil revenue will also accelerate the depreciation of South Sudan’s currency. He noted that South Sudan already has pockets of armed violence, which could be exacerbated if ...

The East African country, which broke off from Sudan in 2011 after decades of civil war, is battling severe floods, a collapsing currency and a catastrophic falloff in revenue from oil ...