The Central Bank said yesterday it would move to support the weakening Sudanese pound by injecting foreign currency into the market and tightening restrictions on black marketers.
The bank said in a statement that it would provide more foreign currency to the markets and the foreign exchange bureaux to meet demands.The institution promised to take action against black-market traiders.
Yesterday one US dollar in the black market valued 2.85 Sudanese pounds while the official rate was set at 2.28.
Last year, the Central Bank of Sudan imposed restrictions on the withdrawal of foreign currency from banks and on taking hard currency out of the country.