South Sudan's central bank restricts commercial transactions in foreign currencies

JUBA, Jan. 18 (Xinhua) -- The central bank of South Sudan on Wednesday restricted public institutions and the private sector to transact business only in the local currency, the South Sudanese pound (SSP), amid the current volatile exchange rate which has seen the local pound depreciates against the U.S. dollar.

Johnny Damian Ohisa, the governor of South Sudan's central bank, directed the public to pay for travel, hotel, entertainment services, and any other commercial transaction in the local pound.