Traders in South Sudan’s capital Juba have reported sharp rise in the price of consumer goods due to increasing price of the US dollar on the parallel market on Tuesday, settling at 109 South Sudanese pounds.
Speaking to Radio Tamazuj yesterday, several traders said the price of a pound of sugar costs 150 SSP and a kilo of wheat flour increased to 120 SSP. They also complained about rising prices of foods at restaurants, saying the price of a bottle of drinking water reached 30 SSP.
The traders attributed the increase of prices to the weakened value of the South Sudanese pounds against the US dollar at the market.
A trader at Konyo-Konya market, who identified himself as Mohammed, said the price of the US dollar has witnessed significant increase, causing increasing prices of essential commodities at the market, saying they are suffering from the issue of the US dollar in South Sudan.