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Hiba Ahmed Ali

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Sudan Declares State of Economic Emergency As Currency Deteriorates
September 13th, 2020 - 08:30 GMT

Sudan Declares State of Economic Emergency As Currency Deteriorates

Sudan on Thursday decided to reactivate the state of economic emergency and establish joint forces to stop the deterioration of the pound, which triggered public panic and insecurity. The exchange rate of one US dollar jumped from 190 to 250 Sudanese pounds in the parallel market on Thursday against the official rate set by the central bank at 55 pounds. "Reactivation of the state of economic emergency includes deterrent procedures ...
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