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Central Bank of Sudan

Central Bank of Sudan latest

Sudan: Central Bank to Exit From Gold Trade, Purchases of Petroleum Derivatives
December 17th, 2019 - 11:09 GMT

Sudan: Central Bank to Exit From Gold Trade, Purchases of Petroleum Derivatives

Ibrahim Elbadawi, the Sudanese Finance Minister, last week announced a plan for the Central Bank of Sudan to exit from the gold trade and purchases of petroleum derivatives by the end of this year. His statements have raised a series of questions about the feasibility and effectiveness of the move. During the former regime, the Central Bank of Sudan used to buy gold from artisanal miners by printing large quantities ...
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