Southern Sudan should adopt currency board: IMF mission chief

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The Bank of Southern Sudan should fashion itself as a currency board in preparation for the South's split from the North, Edward Gemayel, the International Monetary Fund's (IMF) mission chief for Sudan, has told CentralBanking.com.

The option is one among those being considered by officials at the Bank of Southern Sudan, who are hammering out a strategy for the region, which will declare formal independence on July 9 this year. "I'm certainly in favour of [a currency board system] because it set

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