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May 7 - 2021 KHARTOUM Sudanese Minister of Finance, Jibril Ibrahim, and the Regional Director of the African Development Bank for East Africa, Nnenna Nwabufo, after signing the two deals on May 5 (SUNA) The US Dollar rate recorded a new high at the end of the week’s trading on Thursday, reaching more than SDG400. The continuing increase of forex rates in Sudan was expected, says economist Hasan Bashir. On Wednesday, the Ministry of Finance signed two deals with the African Bank to support economic and financial reforms in Sudan. In the past two weeks, the official Dollar price rose with 12 Pound, an increase formerly only witnessed at the parallel forex market in Khartoum. The parallel market lost much of its significance on February 21, when the government devalued the Sudanese Pound with immediate effect. The official US Dollar price rose from SDG55 to SDG375.

Shamal darfurWilayat bahr al jabalSouth sudanAl khartumNnenna nwabufoMohamed ahmed bushraHasan bashirJibril ibrahimEmpowerment removal committeeInternational monetary fundCouncil of ministersCentral bankProfessor of economics at el nilein universityAfrican development bankSudan news agencyAfrican bank