Sudan devalues its currency to stabilize the economy

Sudanese pounds....

Feb 23, 2021(SSNN) — Sudan’s Central Bank n Sunday announced that it has floated its currency to help stabilize its economy. The dollar has been trading between 350-400 pounds in the black market while its official exchange rate was 55 pounds. The Central bank put the exchange rate at 375 pounds per dollar and will fluctuate according to supply and […]

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