South Sudan to issue new banknotes in July 2011
Mar 31, 2011 09:06 AM Category: Africa
According to a Bloomberg Businessweek article dated 30 March 2011, the Bank of Southern Sudan plans to release its own currency, called the South Sudan pound, when the new African country declares independence in July 2011 and after either the US or the UK recognizes Southern Sudan as an independent nation. The new notes are being printed by an unnamed European company. The issuance of a new currency in Southern Sudan will probably prompt Sudan to revise its own currency, too.