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The President of South Sudan, Salva Kiir, by decree, sacked the governor of the Central Bank Dier Tong Ngor and appointed a new head of the institution.
The dismissal of Mr Ngor was announced on the national broadcaster on Monday night but no reasons were given.
Moses Makur Deng who has been a director-general in charge of banks’ supervision and research at the bank, is appointed the new central Bank governor.
Read also: Sudan: Hamdok resigns as interim head of government
Some South Sudanese online have welcomed the appointment of Mr Deng and urged him to improve the country’s economy.
