Feb 21, 2021
Sudan Central Bank Moves to Unify FX Rate to Aid Economy
Bloomberg News
,(Bloomberg) --
Sudan’s central bank said Sunday it was implementing a unified exchange rate system, part of broader measures aimed at reviving its struggling economy.
The central bank, in a statement on its website, said it was instructing banks to adopt the system. The move is a bid to curb wide volatility in the exchange rate.
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