South Sudan's English Daily Newspaper
"We Dare where others fear"
By Okech Francis
The Bank of South Sudan said it has started using Refinitiv Financial Platform which is on the London Stock Exchange Group for running its foreign exchange auction as it drives towards modernization.
“It is part of modernizing the banking sector and will allow regulated entities to participate in the foreign exchange auction through its platform without physical presence at the bank’s premises,” the Bank said in a statement issued yesterday.
It urged all forex bureaus to have active bank accounts with several commercial banks which have “successfully obtained Refinitiv Financial Platform” including Buffalo Commercial Bank, Cooperative Bank of South Sudan, Ecobank of South Sudan, Equity Bank, Kenya Commercial Bank, Kush Bank, National Bank of Egypt and Stanbic Bank.
