{"id":5766,"date":"2021-12-10T07:53:54","date_gmt":"2021-12-10T07:53:54","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction"},"modified":"2021-12-10T08:21:01","modified_gmt":"2021-12-10T08:21:01","slug":"central-bank-to-double-amount-of-foreign-exchange-auction","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction","title":{"rendered":"Central Bank to double amount of foreign exchange auction"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>The Central Bank within the advent of the festive season due to the predictable demand for Dollars has decided to double the quantity of its foreign exchange intervention in the money market.<\/p>\n<p>In the press statement, availed to Juba monitor, the Central Bank has guaranteed to revert back to conduct a weekly foreign exchange auction for banks and forex bureaus with immediate effect.<\/p>\n<p>\u2018\u2019With the advent of the festivities season and expected rise in demand for dollars, the Bank of South Sudan (BOSS) has decided to double the amount of its foreign exchange intervention\u2019\u2019 Statement reads<\/p>\n<p>The bank used to inject 2,000,000 USD to forex bureaus and 3,000,000 USD to commercial banks. Doubling it means that each financial institution would get its appropriate allocation.<\/p>\n<p>Auction for commercial banks is scheduled to be piloted every Monday and Thursdays for forex bureaus. In the same statement, the bank has also prepared to inject additional foreign currency should there be need to do so with an intention to maintain foreign exchange market stability<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Sudan. The Central Bank within the advent of the festive season due to the predictable demand for Dollars has decided to double the quantity of its foreign exchange intervention in the money market. In the press statement, availed to Juba monitor, the Central Bank has guaranteed to revert back to conduct a weekly [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":5765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,265,2353,2352,233],"class_list":["post-5766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-south-sudan","tag-central-bank","tag-exchange-auction","tag-south-sudan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central Bank to double amount of foreign exchange auction - South Sudan<\/title>\n<meta name=\"description\" content=\"The Central Bank within the advent of the festive season due to the predictable demand for Dollars has decided to double ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank to double amount of foreign exchange auction\" \/>\n<meta property=\"og:description\" content=\"The Central Bank within the advent of the festive season due to the predictable demand for Dollars has decided to double ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-10T07:53:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-10T08:21:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2021\/12\/img-61b30dd35908d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Central Bank to double amount of foreign exchange auction\",\"datePublished\":\"2021-12-10T07:53:54+00:00\",\"dateModified\":\"2021-12-10T08:21:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\"},\"wordCount\":189,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2021\/12\/img-61b30dd35908d.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"Central Bank\",\"exchange auction\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/central-bank-to-double-amount-of-foreign-exchange-auction\",\"name\":\"Central Bank to double amount of foreign exchange auction - 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