Home | News    Wednesday 19 April 2017

S. Sudanese Pound continues to fall against dollar

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April 18, 2017 (JUBA) – South Sudanese Pounds (SSP) depreciated further against the United States Dollars (USD) in the black market in the third week of April, hitting a new low.

$1 sales for 162 SSP, up from $1 to 145 SSP last week in the parallel market.

“But when you are buying from the traders [money exchange dealers], they will charge you 17,000 South Sudanese Pounds for 100 [U.S.] dollars,” said James Nhial who deals in money exchange in Customs Market, the second largest market in Juba.

South Sudan floated the fixed exchange rate in December 2015 and there is no official foreign currencies rate set by the government since then.

For the landlocked country, which depends on import for food items, the depreciation of South Sudanese Pounds against the U.S. dollar is promptly reflected in the market.

“Today, a litre and half [1.5L] of bottled mineral water has surged to 60 SSP from 40 SSP at the beginning of this month,” said Ahmed Musa, a Somalia shopkeeper in Sherikaat, a southern suburb of Juba.

However, a half liter of bottled water costs 100 SSP in hotels in Juba town, a no-go zone for most of South Sudanese.

“For those of us who are government employees, we don’t go to those hotels – those places are reserved for foreigners and top government officials,” said Ayuel, a South Sudanese government employee.

Ayuel added that the “real problem is not luxury dining in hotels but what to put on the table at home for the kids.”

A 50 kg of maize flour costs 5,500 SSP – doubling the wages paid to senior government director.

South Sudan economy depends on oil for up to 98%. The declined of oil prices and the war triggered off an economic crisis in 2015.

Some economists say inflation has now reached 900% and South Sudanese Pounds has lost more than 90% of its value since December 2015 – when the fixed exchange rate for SSP against USD was floated.

(ST)

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  • 19 April 01:38, by Adok son

    SS will never be the same again unless her president is Dr Riek Machar Teny,so that its legal tenders will improve to compete with US-Dollar.

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    • 19 April 03:26, by Kush Natives

      Riek Machar will not smell South Sudan government, Let alone fixing her money! He should starts coming to his previous home Khartoum to fix inflation there. If that’s what you are waiting, then expect your grey hair under the trees. We have no more for the traitors.

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      • 19 April 03:28, by Kush Natives

        Correction: we have no more room for the traitors here any longer!

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      • 19 April 06:24, by padiit gaga

        Wow this is good news S.Sudan economic will not work under bad regime unles Dr.Risk is President other wise this regime will die without merry with sanctions.

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        • 19 April 07:57, by Kush Natives

          padiit gaga,
          You’re damn right! Dr. Risky.

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          • 19 April 10:47, by Whortti Bor Manza

            These violent, savagery and predatory beasts the Dinkas are getting it right. Soon the SSP will collapse and these bank notes will just be toilet papers for Kiir, Makuei, Kuol Manyang, Elia Lomoro and many other cabals to clean their dirty anus with. They thought running the government is a joke based on lies, manipulation and distortion of facts. It took the NRM of Museveni and the Sandinista o

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            • 19 April 10:54, by Whortti Bor Manza

              Of Nicaragua under Daniel Ortegga many years before they captured power after immense difficulties. The clerics Ayatollah Khomeini came to assume power from exile. Dinkas will never sustain and tolerate these for long given their lust and affinity for food and power. Soon the Ugandan UPDF and the Darfuri JEM will be gone. Keep on IO.

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      • 19 April 07:14, by anyanya1

        Do you think this country belong to your mother or is it your mother’s slippers for you to say risk will not smell this country, you dinkas are not s Sudanese cause you don’t have heart to this country, your are your dirty insects that needs permanent cure is to eliminate you from ss in order for peace to prevail..

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      • 19 April 10:17, by jubaone

        Kush Natives,
        This is when a country is run by illiterates, bookkeepers, wheelerdealers, conmen and idiots. If a jienge cant develop his luak how can he develop a country which requires intelligent people? No. No wonder Kiir is travelling to Kapwata to see if he can get some stolen gold from Lobong cos Riak has blocked the oil fields, poor kiirminal

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        • 19 April 16:04, by Kuch

          Jubaone, The most well educated in South Sudan are us, the Diknas/Jienges. You idiots like to toss some words around and think we are of your calibre. Just keeps barking your Dinkas/Jienges names all the times until you idiots frost in the mouth, until you tire your sorry asses.

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          • 19 April 16:31, by jubaone

            Kuch,
            Well, that doesnt seem to feature in your bogus posts. Jiengelands are the only areas not in war. If only they cultivated and were hard working, used the stolen millions to invest in agriculture in their areas, today during famine, they would be feeding the rest of the SS. But lazy fools cant do anything and rely on food airdrops, why? where is your education ya MTN, ya mbororo, ya jienge?

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    • 19 April 10:15, by Ayuiu Makuac Lam

      South Sudanese lost legitimacy in value use.
      Let it be send back to garlic for repairs.

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  • 19 April 06:15, by Eastern

    Let Kiir and Taban "fix" the runaway inflation with the help of Festus Mogae. Alternatively, Kiir and shelve his SSP bank notes for now and use the Kenyan shillings or the Ugandan shillings. South Sudan’s current predicament has been faced by Zimbabwe before!!!!

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    • 19 April 15:29, by Kuch

      Mr. Eastern, give it a rest chap. a $US = UGsh 1990, so what is your point? And for your information idiots, you are the same criminals who have been chirping for a continued aimless war against the government while at the same time, you idiots are the ones who always cry foul that there is an ethnically targeted group in our country>>>

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      • 19 April 15:39, by Kuch

        Haven’t you idiots not seen how the poor Nuers have always being photographed by some creepy NGOs and the UN who are in parts behind the current mess in our country and then their sorry photos would then be taken to foreign countries and be spread out on Tvs so that the whole world will then see the emaciated South Sudanese clutching their emaciated babies>>>

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        • 19 April 18:56, by jubaone

          Kuch,
          Your just a hollow vessel and a poor loser. Leave the Nuers or other SS. Jiengeland is not at war. If only you were not lazy you could feed the whole SS and provide food for our million starving people. Rather, you fearfully flee hunger and do nothing with all looted money. Invest in agriculture, bring in investors instead of bullshitting you lazy idiot.

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          • 19 April 19:38, by Kuch

            Call us lazies idiot, when we crisscrossed your damn Equatoria when you were nowhere to be seen? What have you idiots contributed to the liberation of South Sudan, tell us idiots other than to always chirp like birds about Jenges this and Jenges that>>> Tell us, what battalion or a division were your own Equatorians fighting in liberation of our country?>>>

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            • 19 April 20:55, by jubaone

              Kuch,
              Then use this energy to now do agriculture and feed the rest. What have you done with the looted $billions? Why couldn’t you invite investors to invest in your cows, oil, lands? Cos you are just hopeless losers and fucking lazy. Just waiting for ready made. Just wondered how you really liberated the SS? Lies.

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  • 19 April 07:41, by anyanya1

    This inflation soon will reach 20,000 and 30,000 keep watch, where those goons who claim themselves to be the government, they paralyzed and can’t do anything. They are the real parasite.

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  • 19 April 08:30, by Adok son

    Valueless govt with valueless money is found in a country ruled by a Dinka.
    Let the regime be lend to another tribe’s man,if u would not Sung more song with your that dirty language yaa Much or Much Natives.
    Know that the reform which is now at a door doesn’t like any beggars like u Dinka, except those who can do the job by their hands.

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  • 19 April 08:33, by Adok son

    I meant yaa kuch or Kuch natives of Dinka tribe

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    • 19 April 09:17, by Kush Natives

      Adok son,
      Since you already misspelled my name twice or not even close! You’re now sanctioned period. You’re immediately required to attend what’s called "child fine" school. Otherwise, you better fight your own war rather then siding with USD vs SSP. I haven’t seen any revolutionary without a crystal clear vision that guides the movement.

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      • 19 April 10:54, by Eastern

        Kush Natives,

        You delusional. The decline in the value of the SSP againt the US Dollar is the direct consequencies of Kiir choosing to wage war against those opposed to him. If Kiir was honest to implement the ARCISS as signed, the oil production will be up and citizens will be cultivating, rearing their livestock, cost of road transport will be affordable, etc....

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      • 19 April 10:56, by Eastern

        Those of us opposed to Kiir and his triblalistic rule will continue to weaken him using various means: the internet, economic sabotage (abducting oil workers, destroying oil installations, etc), drawing the attention of the world on Kiir’s INABILITY to rule the country INCLUSIVELY!!!

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  • 19 April 10:58, by Eastern

    We will wear down Kiir so that by the time he leaves power, he will be a sickly man who will die in oblivion sending clear message to people who build their political capital on tribalism and patronage....

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    • 19 April 16:00, by jubaone

      Eastern,
      This is true manifestation that the jienges can’t rule anything except their cows that of course have no individual opinions. It is a reminder that the SS can only prosper once war is stopped, fools and idiots relegated to household work, intelligent people are in control once again. The jienges has NEVER achieved anything other than fighting.

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      • 19 April 16:19, by Kuch

        You bunch of cloned so-called arabs of North Sudan trolls keep poking your noses and leave your massive problems in your own hellhole. If the Dinkas cannot rule themselves, then how did we managed the SPLM/A and kicked your evil asses out our country. Do u fools think the Dinkas were created in 2011? Go away fools out of country.

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        • 19 April 16:33, by jubaone

          Kuch,
          M7 has said it all.

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          • 19 April 17:34, by Wise Fox

            I have been away for 3 years in the Barrages, without internet access so, I just visit this site today to say hello to everyone as I’ve been missing you for long time. I will be back soon to my Barrage to carry out my normal duty there. my job in the Barrage is to get Mathiang Anyoor, division 7 and Jamous ass kick out off Chollo areas.

            Agwellek Oyeee!
            Johnson Olony Oyeeee!
            Spla/m-IO Oyeee!

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            • 19 April 17:54, by Wise Fox

              Hi there, where is Dinka Boy? I have gone through the comments and could not see Dinka Boy there, is he still alive or dead?
              or he might have been dead in Kuol Manyang and Malong Awan’s Barrages that we destroyed in August 2015 in Tonga Upper Nile.
              Agwellek Oyeee,

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          • 19 April 19:45, by Kuch

            Mr. Jubaone, Did M7 tell you that the Equatorians fought in what Battalion or a division, give an example or a name of that division or a battalion and what town or a village that you fellows captured? I am one of those who captured your Yei in 1997, Kapoeta and other villages in your damn Central and Eastern Equatoria. But in own battalion, l never saw even a single Equatorian or A nuer, but the>

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            • 19 April 19:52, by Kuch

              Dinkas/Jenges boys and a few boys from the Nuba Mts, Maban and Blue Nile. I was eventually injured very badly in the battle of Kapoeta in 2002, in New Kapoeta area. Before 2005, CPA. You idiots keep calling the Dinkas/Jenges name, but we know you idiots than you idiots think you know us>>>

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              • 19 April 20:01, by Kuch

                Can you idiots ask James Wani Igga, Mr. Mamure Matea and Thomas Cirilo the guys who know the stench of gun powder. And they will tell you idiots who really died in towns and villages.

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                • 19 April 21:03, by jubaone

                  Kuch
                  Oh Equatorians have you heard of any cmdr by name Mamure Matea? Or was this jienge meaning Obuto Mamur? Look at his lies just concocted stories and can’t even tell who liberated Torit and Kapwata in the early 90s. Sorry for you. This is how you have lied about liberated. Cowards from Kakuma camp masquerading as soldiers.😁

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                  • 19 April 21:33, by Kuch

                    Mr. Jubaone, To have omitted Obuto doesn’t mean l don’t what I am talking about idiot. Kapoeta is not called *Kapwata* but Kapoeta and it was not captured in 1990 idiot. But in 1987. It was attacked by the SPLA in 1994 and didn’t captured it, but was captured in 2002 by us, including my own self and l was injured very badly in New Kapoeta, just between the Mangoes and New Kapoeta trenches>>>

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                    • 19 April 21:40, by Kuch

                      http://news.bbc.co.uk/2/hi/africa/2041202.stm
                      By the way, can you idiot tell us exactly what battalion or a division that was Equatorians idiots. The 1994 assault of Kapoeta that failed to captured it, even killed our superior Dinka/Jieng boys Like, singer Luol, Majok Mach and many more>>>

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                      • 19 April 21:47, by Kuch

                        Mr. Jubaone, can you just give an example of one battalion that or a division that you fellows ever owned and commanded and what town or a village that you fellows captured in your own Equatoria? Don’t tell me Tori, because it will make you idiot stupid and foolish. Those Equatorian leaders l mentioned were commanding the Dinkas/Jiengs boys and a few boys from the Nuba Mts, Maban and Blue Nile>>>

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                        • 19 April 21:52, by Kuch

                          Fellows, the government of South Sudan will one day put out the names of the SPLA soldiers who died in every town in Equatoria and that is when you idiots will shut your damn mouths. But for now, just keep crowing the Dinkas/Jenges names on the internet. But we are your liberators idiots.

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                          • 19 April 21:59, by Kuch

                            And one more thing idiots, no one is going to be using your damn US dollars if you idiots do not know. Many countries around the world are slowly extricating themselves from it. But you Riek Machar idiots have never been the smartest kids in South Sudan anyway. Your Riek Machar even almost sold our country to foreign multinationals and corporations simply for him to be enthroned into power in our>

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                            • 19 April 22:07, by Kuch

                              country. Who did the clown really thought he was? Can you fellows tell us, what is that you idiots are really fighting for? Your Riek Machar idiot allied himself with our arch enemy, the so-called cloned arabs of North Sudan and so did many you idiots and again. You are letting your sorry selves being used by the corporate America, the UK, the UN, the NGOs and their creepy spies to destabilize>>>

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                              • 19 April 22:13, by Kuch

                                Your Riek Machar, Lam Akol, Pagan Amuom and your Thomas Cirilo are informed that the current mess in our country is a Geo-political war over our resources and counter China by the US, the UK, their UN, their NGOs and criminals in between. The US, the UK, their UN, their sleazy NGOs and some of their creepy criminals in between are using you some the Nuers and some of you idiots as their pawns>>>

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                                • 19 April 22:18, by Kuch

                                  and their Riek Machar, Lam Akol, Pagan Amuom or Thomas Cirilo as their puppets/stooges that they can micro-managed in Washington, London, Paris, Brussels, Dubai or Virgin islands or Cayman islands. Grow up fellows, we are way ahead of these dirty intrigues being toyed around in our country by our enemies.

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                                  • 20 April 07:32, by Theallseeingeye

                                    Kuch stop copy pasting things which you even don’t know what they mean, I think Jubaone is right when he says you can’t use the mind. I attribute the evidence to these very nonsense that you keep posting here on ST which are irrelevant to the article or topic published or discussed "....the corporate America, the UK, the UN, the NGOs and their creepy spies to destabilize..." blah blah blah.

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                    • 20 April 14:06, by jubaone

                      Kuch,
                      Kapwata is the real Name in "Engajeb lo Ngitopotha" dont distort original names and give jienge ones. You Are just a hopeless and congenital jienge liar. Ya MTN

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