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Sudan’s currency crisis deepens as pound passes 5,000 per dollar
Summary by thesudantimes.com
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Sudan’s currency crisis deepens as pound passes 5,000 per dollar
The Sudanese pound has continued its steep decline against foreign currencies, with parallel-market dealers reporting that the currency has fallen beyond 5,000 pounds to the U.S. dollar amid heavy speculation and a deepening shortage of hard currency. According to market sources cited by Al-Rakoba, the Egyptian pound was also trading at around 101 Sudanese pounds, reflecting growing pressure across informal exchange markets. Dealers warned that …
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