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Sudan s women and youth are severely economically deprived: A study on Sudanese market trends

♦ Sudan: This week s news in brief ♦

Debt relief news strengthens Sudanese Pound

May 19 - 2021 KHARTOUM Forex dealers in Sudan (File photo) The exchange rate for the Sudanese Pound has shown a cautiously optimistic rise against international currencies on the parallel market, the Bank of Sudan, and commercial banks, following news from Paris that Sudan’s debt arrears to the World Bank, the International Monetary Fund (IMF) and the African Development Bank (ADB) have been cleared. The exchange rate for a US Dollar on the parallel market reached 413 pounds on Tuesday, while the Bank of Sudan set the buying price at SDG407 and SDG410 for selling, an increase of SDG1 from Monday. The dollar price rose to more than SDG410 as several commercial banks. Foreign exchange dealers expressed their surprise at the continued rise in the exchange rate, despite the news from Paris.

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