Sudan: Economic Analyst - Sudan in 'Depths of Economic Abyss'

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Sudan: Economic Analyst - Sudan in 'Depths of Economic Abyss'
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In an interview with Radio Dabanga, economic analyst Kamal Karrar said that the continuation of the war for more than five months caused the country's overall economic collapse.

As the exchange rate of the dollar against the pound jumped to more than SDG780 in the parallel market on Monday, while its price in banks reached SDG632, he explained that the war has brought the country to the depths of the economic abyss.

On the same day, the Bank of Khartoum announced that free-of-charge money transfers can now be sent from the Kingdom of Saudi Arabia to Sudan usingCurrency dealers told Radio Dabanga that there was a high demand for dollars outside Sudan, which led to an unprecedented rise in prices.

In June, the CBoS established an emergency room for the management of banking procedures as part of measures to tackle the

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