The Central Bank has auctioned nearly 50 million US dollars to forex bureaus and commercial banks in the month of July, as a measure to stabilize the skyrocketing exchange rate.
The Bank of South Sudan has auctioned at least 13 million US dollars to Forex Bureaus and commercial banks in a week, as the local currency continues to depreciate against the US dollar.
JUBA, June 23 (Xinhua) South Sudan Thursday began consultations aimed at revising and reforming its Petroleum Act 2012 to be able to regulate the downstream operations in the oil sector.