Central Banking

South Sudan enacts central bank law

The president of the newly-formed South Sudan, Salva Kiir Mayardit, on Friday signed a law to formally establish the Central Bank of South Sudan.

The bank has also received its first delivery of the South Sudan pound.

Following a brutal civil war, South Sudan became an internationally recognised separate country on July 9, 2011. The new sovereign was formally accepted as a member state of the United Nations on Thursday.

Following an official signing ceremony in the capital city, Juba, caretaker

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