Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance minister

Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance minister

© Reuters.  Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance minister© Reuters. Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance minister

CAIRO (Reuters) – Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of 6.7, Finance Minister Mohamed Othman Rukabi told Reuters on Tuesday.

The devaluation would encompass the customs exchange rate and take place under the 2018 budget, beginning in the first week of January, he said.

Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

(Why?)

Published at Tue, 26 Dec 2017 11:00:17 +0000

Reply