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South Sudanese Pound Hits Record Low Against Dollar

If nothing changes in the next two, 100 dollars will be sold at 40,000 SSP

The South Sudanese pound has further depreciated against the dollar as demand continues to put pressure on the local currency.

On Wednesday, the pound exchanged at a record low of SSP 360 against a dollar ($100 equals to SSP36,000), sliding past the worst record of April 2018.


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Market experts have warned that the pound and dollar pair is expected to trade at high pressure, with the local currency again expected to further lose grounds against the dollar.

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“If nothing changes in the next two days, 100 dollars will be sold at 40,000 SSP,” a local money dealer told TOJ Wednesday afternoon.

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