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Sudanese pound drops against dollar
The value of the Sudanese pound has declined against the dollar, reaching approximately 3,375 pounds at the Central Bank of Sudan, after previously being at a buying rate of 3,350 pounds and a selling rate of 3,375.12 pounds. The pound faces economic challenges including high inflation, a shortage of foreign currency, and exchange rate fluctuations, despite the efforts of the Central Bank to achieve relative stability for the currency. Experts anticipate continued pressure on the currency in the future, with a potential gradual improvement in performance resulting from reforms and increased foreign exchange inflows.
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