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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. ....

France General , International Monetary Fund , African Development Bank , World Bank , Sudan Central Bureau Of Statistics , Sudanese Pound , Central Bureau , பிரான்ஸ் ஜநரல் , சர்வதேச பண நிதி , உலகம் வங்கி , சூடான் மைய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , ஸூடெநீஸ் பௌஂட் , மைய பணியகம் ,