Title:
Central Banks Policies for Inflation Control Process: As Case Study Bank of South Sudan

Authors:
Dr. Opal Adwok Amon Ayiek, Sudan

Abstract:

The study clear objective is to investigate how South Sudan central bank is able to formulate its policies of inflation control for exchange rate. The research explained the important of price stability and another purpose of central bank is advising government on macroeconomic growth for the country. The article has defined central bank as an institution which is responsible for managing and construction of the volume of money in the interest of public. Moreover, evolution of historical beginning development of central banks system up to present era is dominated by technology in dealing with bank activities and is explained. The study has taken into consideration the definition of inflation as declining of purchasing power of local Currency as goods prices are increasing on daily basis. Also, the research has articulated the functions of central bank, monetary policies for inflation control, and measures used in inflation control. The organizational structure of central bank that indicate the administration governing board and lines of decision making is clearly shown. On the other hand, the research has explained the types of inflation, and its cause. Also the article has explained the role of central bank in controlling inflation, economics growth, and the employment. Meanwhile, The trend of data analysis for study indicate that, the majority respondents are all aware of  important for formulation of inflation control policies and stabilized the exchange rate in the market. On other development, the article indicate challenges facing central bank and its solution. The researcher has given his opinion and suggestions for how central bank can conduct its business activities as the way forward.

DOI: https://doi.org/10.51505/IJEBMR.2024.8203