S Sudan currency crisis slowing business

Business owners and consumers are struggling as politicians and economists fail to agree on currency exchange rate.

    Businesses in South Sudan are struggling to turn in profits because the currency exchange rate there keeps changing.

    Parliament and the Central Bank have failed to agree on where the official rate should be set, and in recent weeks have changed it three times.

    Al Jazeera's Anna Cavell reports from the capital Juba.

     

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Unification: Saladin and the Fall of Jerusalem

    Unification: Saladin and the Fall of Jerusalem

    We explore how Salah Ed-Din unified the Muslim states and recaptured the holy city of Jerusalem from the crusaders.