Traders directed to decrease price after the dollar exchange rate reduces

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The Chairperson of the Trade Chamber in Western Bhar el Ghazal state, Wol Charles Aleu directs all traders to reduce the prices of goods and commodities in the markets.

South Sudan had been experiencing an increase in market prices since the start of inflation which led to the deterioration of the economic situation across the Country.

Mr. Wol says the exchange rate of United States dollars against SSP has reduced from 2,300 Pounds per dollar to 1,800 SSP in the black market.

He calls on the traders of food items to stabilize the market price for the sake of citizens and the prices must be reduced to the current USD exchange rate.

Charles Aleu mentions that for any trader who fails to comply with these directives or rejects to reduce his/her market prices, the state government will automatically intervene.

He also asks the citizens to cooperate with the security organs in case they witness any trader who still sells at high prices at the current moment.

The chairperson of the trade chamber made these remarks to Voice of Hope radio on Monday at his office in Wau.

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