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Sudanese pound plunges as dollar tops SDG 3,200
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Sudanese pound plunges as dollar tops SDG 3,200
Sudan’s currency tumbled to an unprecedented low on the parallel market on Monday, with dealers quoting the U.S. dollar at about 3,200 Sudanese pounds (SDG) — five times the official bank rate of roughly SDG 600. Traders said the pound slid almost 15 percent in a single morning, vaulting from SDG 2,800 to SDG 3,200 as importers and military suppliers scrambled for hard currency after customs authorities raised the so‑called “customs dollar” benc…
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