Business News

Sudan central bank strengthens currency to 45 Sudanese pounds to…

• Bookmarks: 15


CAIRO (Reuters) – Sudan’s central bank on Sunday strengthened the Sudanese pound to 45 pounds to the dollar from 47.5, state news agency SUNA reported.

It said the measure coincided with the sharp rise in the price of the pound against the dollar on the parallel market. Saudi Arabia and the United Arab Emirates (UAE) on Sunday said they had agreed to send Sudan $3 billion worth of aid, including a $500 million central bank deposit to ease pressure on the pound.

15 recommended
comments icon0 comments
0 notes
244 views
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *