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".
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article