100 US Dollar trading at SSP 33,000 as market prices soar

100 US Dollar trading at SSP 33,000 as market prices soar

The South Sudan Pounds has weakened to a record low in the past week, hitting 330 per one USD in the black market.

Market prices have been skyrocketing every day since last week, forcing many consumers to “crack their heads” before buying.

Yesterday, a kilogram of sugar was sold at SSP 250, a kilogram of maize flour was at SSP 200, a kilogram of rice was at SSP240, while half a liter of cooking oil was sold at SSP 180 and a cap of beans was at SSP200.

Many customers, who spoke to media from Custom Market, complained of high prices of goods in the market.

The Deputy Chairman of National Bureau of Statistics John Machiek last week said the prices are “going up” due to the daily increase in dollar exchange rate against the SSP.,” he said.

 

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