South Sudan seeks acceptance of its currency

In 2012, the Central Bank governor, Kornelio Koriom said South Sudan had sufficient local currencies in reserve to run the country for five years without printing any more money. But today most of these local currency reserves have depleted- vanished. Today in South Sudan, if you wish to send money to Uganda or Kenya, you can’t use pounds, you got to get dollars. This means even within South Sudan borders, pound is not a legal entity. On the other hand South Sudan does not export anything to any of its neighbors – Kenya, Uganda, Ethiopia hence these countries don’t need South Sudan pound.