Sudan Forex - U.S. Dollar Passes SDG 70 Mark On Khartoum Streets

11 December 2018

Khartoum — The Sudanese Pound (SDG) continues to fall against the US Dollar, as the greenback surpasses the SDG 70 threshold on the parallel market in Khartoum. This in spite of a crackdown against street forex traders by the security authorities this weekend.

Financial analyst, former banker and civil society activist Hafiz Ismail predicts "the depreciation of the Sudanese Pound and the deterioration of the standard of living will continue to an unusual extent, with no foreseeable end".

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