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Strong lower exchange rates and a black market where the value of the dollar is higher, undermining its import capacity and causing prices to rise.
Prices in the importing country have risen to third place According to the IMF, the war and Venezuela, which are suffering from galloping inflation, live in April
The Central Bureau of Statistics said that inflation in June was due to rising prices of The sharp deterioration of the economy occurred despite the lifting of US sanctions of 20 years against Sudan last year
But new investments slowly appear and the economic situation of the country Has been degraded since sanctions were lifted in October. udanaise fell by 125% on the black market.
The Sudanese currency fell to 46 pounds against the dollar on the black market Thursday, up from 41 pounds earlier in the week, at a record level according to traders. 19659001] This comes in comparison with the R exchange rate The Sudanese government rejected the proposal of the International Monetary Fund to liberalize its exchange rate at the end of last year.
Instead, the government made two major currency cuts and tightened dollar deposits to curb black market activity.
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Sudan suffers from a serious shortage of foreign exchange and a black market With regard to imports and high prices.
Prices have risen According to IMF data in April, the country with the strongest growth in recent months, after war-ravaged southern Sudan and Venezuela
The sharp deterioration of the economy is occurring despite the lifting of US sanctions to 20 years on Sudan last year, a measure that was to support the country.
But new investments are slowly emerging and the economic situation of the country has deteriorated Since the decision to lift the donkeys Sudanese currency fell to 46 pounds against the black-market dollar on Thursday, compared to about 41 pounds earlier in the week, at a record low in line with that compares with the official exchange rate of about 29.3 pounds for a doll ar in banks, but companies facing import difficulties say that the dollar in the banking system is largely unavailable.
The Sudanese government rejected a proposal by the International Monetary Fund to liberalize the exchange rate of its currency at the end of last year.
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