South Sudan Releases Its New Currency to Banks in Capital
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Newly independent South Sudan released its own currency today to banks in the capital, Juba, said Aggrey Tisa, undersecretary for planning in the Ministry of Finance.
It may take as long as two months before the South Sudan pound replaces the old currency the nation shared with Sudan before it gained independence on July 9, Tisa said in an interview. Sudanese President Umar al-Bashir announced on July 12 that his government decided also to print a new currency.