Advertisements
Advertisements
  • About us
  • Privacy policy
  • Staff
  • Contact us
Monday, March 1, 2021
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie
Advertisements
  • Home
  • News
  • Antiques
  • Travel
  • Business
  • Universities & Schools
  • Sports
  • ARTS & Entertainment
  • MORE
    • Life style
    • In-depth
    • Technology
    • Videos & Features
    • Opinion
  • صدي البلد جامعات
No Result
View All Result
  • Home
  • News
  • Antiques
  • Travel
  • Business
  • Universities & Schools
  • Sports
  • ARTS & Entertainment
  • MORE
    • Life style
    • In-depth
    • Technology
    • Videos & Features
    • Opinion
  • صدي البلد جامعات
No Result
View All Result
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie
Advertisements
ADVERTISEMENT

Sudan Devalues Currency to Meet IMF Reform Agenda

Taarek Refaat by Taarek Refaat
3:37 AM February 22, 2021
Sudan Devalues Currency to Meet IMF Reform Agenda
Share on FacebookShare on Twitter

Sudan’s central bank sharply devalued its currency on Sunday to unify the official and black-market exchange rates in an attempt to access debt relief from the International Monetary Fund (IMF) and other major donors.

Following the political transition, Sudan wants to adopt a major reform demanded by the IMF, and delayed due to a shortage of basic commodities and rising inflation.

Advertisements

Several commercial banking sources said that the Central Bank set the indicative price at 375 Sudanese pounds for a dollar, from a previous official rate of SDG 55.

Recently, the dollar traded between 350 and 400 pounds on the black market.

A circular sent to banks said the central bank would set a daily rate in a flexible float, where Banks, official outlets and black market are required to trade within 5% above or below this rate.

Tags: Sudan Devalues Currency to meet IMF Reform AgendaUSD/SDGالسودان تحدد 375 جنيها لسعر الصرف مقابل الدولارتعويم الجنيه السودانيجنيه سوداني

Related Posts

fruits and vegetables
LATEST STORIES

Daily diet of fruits, vegetables tied to longer life: study

March 1, 2021
late Chadwick Boseman was during the 78th Golden Globes awards ceremony
ARTS & Entertainment

Golden Globes 2021: highlights and full winner list

March 1, 2021
A scene from "Abla Fahita: Drama Queen"
ARTS & Entertainment

Netflix drops trailer for ‘Abla Fahita: Drama Queen’

March 1, 2021
recognitions
Business

EJB Official affirms importance of employee recognition programs

March 1, 2021
Dalia Ziada Turkey
LATEST STORIES

The Muslim Brotherhood issue in Egypt Turkey relations

March 1, 2021
Sisi Orders Postponement of Amendment to Real Estate Law for 2 Years
LATEST STORIES

Sisi Orders Postponement of Amendment to Real Estate Law for 2 Years

March 1, 2021

Leave a Reply Cancel reply

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

Advertisements
ADVERTISEMENT

Popular Stories

Discovery Channel to Broadcast Documentary Film on Zahi Hawass Discoveries
Antiques

Discovery Channel to Broadcast Documentary Film on Zahi Hawass Discoveries

by Ali Abu Dashish
February 27, 2021
0

The American Discovery Channel announced on its official Facebook page that it will broadcast tomorrow, Sunday, a documentary film entitled...

Sudan Devalues Currency to Meet IMF Reform Agenda

Sudan Devalues Currency to Meet IMF Reform Agenda

February 22, 2021
Sleeping Prince

‘Sleeping Prince’ Officially Declared Dead

January 18, 2020
Taim Hassan

Taim Hassan to Participate in Ramadan 2021 With “Ana”

December 10, 2020
A scene from "Ghaba" music video

Marwan Pablo’s “Ghaba” trends Youtube worldwide

February 26, 2021

We Chose for You

Tiger Woods seriously injured in crash on steep LA-area road
Sports

Tiger Woods seriously injured in crash on steep LA-area road

by Mohamed Helba
February 24, 2021
0

Golf’s biggest star Tiger Woods suffered from severe serious leg injuries on Tuesday after he crashed his SUV on sweeping,...

Q&A on Egypt's Closing Gender Gap Accelerator

Q&A on Egypt’s Closing Gender Gap Accelerator

February 27, 2021
Dina El Sherbiny

Dina El Sherbiny talks about her upcoming projects

February 26, 2021
Moderna Expects Vaccine Sales to Hit $18.4 Billion in 2021

Moderna Expects Vaccine Sales to Hit $18.4 Billion in 2021

February 26, 2021
Bitcoin Drops 16% after Comments from U.S. Treasury Secretary

Bitcoin Drops 16% after Comments from U.S. Treasury Secretary

February 23, 2021
  • News
  • Antiques
  • Travel
  • Business
  • Youth & Education
  • Sports
  • ARTS & Entertainment
  • Life style
  • Technology
  • Entertainment
  • Videos & Features
  • Opinion

© 2019 see news -powered by 3a digital.

No Result
View All Result
  • Home
  • News
  • Antiques
  • Travel
  • Business
  • Universities & Schools
  • Sports
  • ARTS & Entertainment
  • MORE
    • Life style
    • In-depth
    • Technology
    • Videos & Features
    • Opinion
  • صدي البلد جامعات

© 2019 see news -powered by 3a digital.