Middle East Economic Survey
VOL. LIV
No 20
16-May-2011
Sudan
South Sudan Set To Buy Back Old Currency After Independence
The Central Bank of Southern Sudan announced on 7 May that its plans to redeem all pounds circulating in the region once a new currency is decided upon and issued for the soon-to-be independent state as it tries to arrest a potential currency slide in the oil-rich south. Following the referendum and subsequent vote for independence at the start of the year, the Sudanese...
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