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AWEIL - 28 May 2016

Weak South Sudanese Pound threatens trade with Sudan

A number of traders in South Sudan's Northern Bahr el Ghazal state complained that the falling value of South Sudanese Pound against the dollar has affected border trade between Sudan and South Sudan.

Speaking to Radio Tamazuj, the chairman of chamber of commerce in Warawar in Northern Bahr el Ghazal said goods are flowing from Sudan, but the falling value of South Sudanese Pound has affected the trade in the market.

The South Sudanese Pound now trades at nearly 40 to the US dollar despite formation of a transitional government of national unity.