{"id":177954,"date":"2017-07-17T13:43:00","date_gmt":"2017-07-17T13:43:00","guid":{"rendered":"https:\/\/dabangasudan.preview.websight.nl\/us-dollar-jumps-above-21-sudanese-pounds\/"},"modified":"2017-07-17T13:43:00","modified_gmt":"2017-07-17T13:43:00","slug":"us-dollar-jumps-above-21-sudanese-pounds","status":"publish","type":"post","link":"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/us-dollar-jumps-above-21-sudanese-pounds","title":{"rendered":"US Dollar jumps above 21 Sudanese Pounds"},"content":{"rendered":"<p><strong>The &ldquo;parallel market&rdquo; in the Sudanese capital has seen a significant increase in the rates of foreign currencies over the past few days. With an exchange rate of more than 21 Sudanese Pounds, the US dollar hit a new record on Sunday.<\/strong><\/p>\n<p>&ldquo;This rapid increase is linked to Sudan&rsquo;s inflation rates and the high demand for the dollar because of the country&rsquo;s dependence on imports,&rdquo; Dr Hassan Bashir, Professor of Public Economics and General Policies at El Nilein University, told Radio Dabanga.<\/p>\n<p>&ldquo;The decision of the US administration to postpone its decision on the definite lifting of the trade sanctions for another three months, and Sudan&rsquo;s neutral position in the current Gulf crisis are the main external causes for the increase of the Dollar rate,&rdquo; he said.<\/p>\n<p>According to Former Finance Minister Abdelrahim Hamdi, the foreign exchange reserves in the Central Bank of Sudan have eroded by 70 per cent.<\/p>\n<p>&ldquo;I cannot rule out that the country will face a financial crisis before the end of this year,&rdquo; he said in a press briefing organised by the Teiba Press Centre on the US sanctions in Khartoum on Saturday.<\/p>\n<p>&ldquo;The Sudanese government is besieging itself much more than the USA because of the disastrous erroneous fiscal and monetary policies of the Central Bank and the Ministry of Finance,&rdquo; he said.<\/p>\n<p>Hamdi said he expects Washington to lift the economic sanctions on Sudan in October. &ldquo;A senior Sudanese businessman is working on installing an Arabic gum factory in Khartoum. This is a clear indication of the abolition of sanctions.&rdquo;<\/p>\n<div class=\"sws_supernormalaction\"><button on=\"tap:superwebshare-lightbox\" class=\"superwebshare_normal_button1 superwebshare-button-large superwebshare-button-square superwebshare_prompt superwebshare_button_svg\" style=\"color:#ffffff;background-color: #d52631;\" ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"superwebshare-svg\"  fill=\"currentColor\" viewBox=\"0 0 1000 1000\" stroke=\"currentColor\" stroke-width=\"0\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M789.86,323.67c91.79,0,164.25-72.46,164.25-164.25S881.64,0,789.86,0S625.6,72.46,625.6,164.25c0,4.83,0,14.49,0,24.15L306.76,371.98c-24.15-24.15-57.97-33.82-96.62-33.82c-91.79,0-164.25,72.46-164.25,164.25s72.46,164.25,164.25,164.25c38.65,0,72.46-14.49,96.62-33.82L625.6,821.26c0,9.66,0,14.49,0,19.32c0,86.96,72.46,159.42,159.42,159.42s159.42-72.46,159.42-159.42s-67.63-159.42-154.59-159.42c-33.82,0-67.63,9.66-96.62,33.82L374.4,526.57c0-9.66,0-19.32,0-24.15s0-14.49,0-24.15l318.84-188.41C717.39,314.01,751.21,323.67,789.86,323.67z\" \/><\/svg><span>Share article<\/span><\/button><\/div>","protected":false},"excerpt":{"rendered":"<p>The \u201cparallel market\u201d in the Sudanese capital has seen a significant increase in the rates of foreign currencies over the past few days. With an exchange rate of more than 21 Sudanese Pounds,  the US dollar hit a new record on Sunday.<br \/>\n\u201cThis rapid increase is linked to Sudan\u2019s inflation rates and the high demand for the dollar because of the country\u2019s dependence on imports,\u201d Dr Hassan Bashir, Professor of Public Economics and General Policies at El Nilein University, told Radio Dabanga.<br \/>\n\u201cThe decision of the US administration to postpone its decision on the definite lifting of the trade sanctions for another three months, and Sudan\u2019s neutral position in the current Gulf crisis are the main external causes for the increase of the Dollar rate,\u201d he said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-177954","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Dollar jumps above 21 Sudanese Pounds - Dabanga Radio TV Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/us-dollar-jumps-above-21-sudanese-pounds\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Dollar jumps above 21 Sudanese Pounds - Dabanga Radio TV Online\" \/>\n<meta property=\"og:description\" content=\"The \u201cparallel market\u201d in the Sudanese capital has seen a significant increase in the rates of foreign currencies over the past few days. With an exchange rate of more than 21 Sudanese Pounds, the US dollar hit a new record on Sunday. \u201cThis rapid increase is linked to Sudan\u2019s inflation rates and the high demand for the dollar because of the country\u2019s dependence on imports,\u201d Dr Hassan Bashir, Professor of Public Economics and General Policies at El Nilein University, told Radio Dabanga. \u201cThe decision of the US administration to postpone its decision on the definite lifting of the trade sanctions for another three months, and Sudan\u2019s neutral position in the current Gulf crisis are the main external causes for the increase of the Dollar rate,\u201d he said.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/us-dollar-jumps-above-21-sudanese-pounds\" \/>\n<meta property=\"og:site_name\" content=\"Dabanga Radio TV Online\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dabangasudan\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-17T13:43:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dabangasudan.org\/wp-content\/uploads\/2022\/11\/cropped-dabanga-logo-zondernaam-512x512-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dabanga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Radiodabanga\" \/>\n<meta name=\"twitter:site\" content=\"@Radiodabanga\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dabanga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/us-dollar-jumps-above-21-sudanese-pounds#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/us-dollar-jumps-above-21-sudanese-pounds\"},\"author\":{\"name\":\"Dabanga\",\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/#\\\/schema\\\/person\\\/8286733fdc3467934c628badb2395f23\"},\"headline\":\"US Dollar jumps above 21 Sudanese Pounds\",\"datePublished\":\"2017-07-17T13:43:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/us-dollar-jumps-above-21-sudanese-pounds\"},\"wordCount\":279,\"publisher\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/us-dollar-jumps-above-21-sudanese-pounds\",\"url\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/us-dollar-jumps-above-21-sudanese-pounds\",\"name\":\"US Dollar jumps above 21 Sudanese Pounds - 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