Currency auction not likely to suppress inflation

An economist says increasing the forex currency auction frequency proposed by the Bank of South Sudan will not reduce inflationary pressures exerted on the South Sudanese Pound. Ustaz Akol Maduok of the University of Juba told Radio Miraya that increasing lending to manufacturers and building production capacity is the ideal long term approach that must be pursued. 
South Sudan is facing what the central bank describes as the seasonal increase of demand for forex as schools open in the East African region where locals send their children.