December 16, 2012 (KHARTOUM) – The governor of Sudan’s central bank Mohamed Kheir al-Zubair acknowledged that the country will not be able to reverse the deterioration in the value of currency without fixing the underlying economic situation causing it.
In a briefing before the Sudanese national assembly, Al-Zubeir said that the gap between imports and exports will continue to create pressures on the exchange rate.
"Without plugging [the trade gap] the exchange rate will not stabilize," (...)
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