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

Young journalists club

News ID: 17212
Publish Date: 14:42 - 26 December 2017
TEHRAN, December 26 -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.

Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance ministerTEHRAN, Young Journalists Club (YJC) -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.

Source:Reuters

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