Analysis of the Implications of Foreign Exchange Reforms on Food Prices in South Sudan
Analysis of the Implications of Foreign Exchange Reforms on Food Prices in South Sudan
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November 3, 2021
This technical brief analyzes the delay in the translation of currency appreciation
into reduced food prices as food accounts for a very significant proportion of
households’ expenditure. The brief is divided into five parts and will analyze
exchange rate reforms and implications for South Sudan’s economy with a focus
on food prices. The first section is an introduction; section two discusses the
drivers and the trends of the exchange rate in South Sudan’s recent past. Section
three discusses the implication of the exchange rate on different sectors of South
Sudan’s economy. Section four focuses on food price analysis, and section five
concludes the brief. The brief covers the period from the onset of the COVID-19
pandemic in 2020 to the present.