{"id":180605,"date":"2016-04-21T21:18:00","date_gmt":"2016-04-21T21:18:00","guid":{"rendered":"https:\/\/dabangasudan.preview.websight.nl\/price-hikes-as-sudanese-pound-plunges\/"},"modified":"2016-04-21T21:18:00","modified_gmt":"2016-04-21T21:18:00","slug":"price-hikes-as-sudanese-pound-plunges","status":"publish","type":"post","link":"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/price-hikes-as-sudanese-pound-plunges","title":{"rendered":"Price hikes as Sudanese Pound plunges"},"content":{"rendered":"<p><strong>Transportation fares and prices have reportedly risen to unprecedented levels in Nyala, capital of South Darfur, the rest of Darfur, and Sudan in general. Merchants and analysts blame the sharp drop in the value of Sudanese Pound against the US Dollar.<\/strong><\/p>\n<p>Residents of Nyala told Radio Dabanga they were surprised at the hike in prices of basic consumer goods, as well as transportation fares, which occurred without any clear justification on Wednesday morning.<\/p>\n<p><strong>US Dollar rate<\/strong><\/p>\n<p>Traders in Nyala justified the sudden rise in commodity prices as because of an increase in the US Dollar price, and the levies imposed by local authorities on shops.<\/p>\n<p>Prof Hamid El Tijani, an economist and professor at the American University in Cairo, predicts that the US Dollar price will continue to rise against the Sudanese Pound unless the government changes its policies and creates a political consensus.<\/p>\n<p>In an interview with Radio Dabanga to be broadcast today, Prof El Tijani attributes the deterioration of the value of the Sudanese Pound against the US Dollar after the Dollar price hit SDG 14 [on the parallel market], to the lack of production in the country, wars, and low oil transit fees, in addition to the decline in remittances by expatriates.<\/p>\n<p>He said &ldquo;the government has made the production places theatres of war. These developments will lead to high rates of poverty and emigration among the workforce and professionals and, accordingly turn of all work in the country into marginal activities.&rdquo;<\/p>\n<p>He warns that this will exacerbate the current economic deflation and recession.<\/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>Transportation fares and prices have reportedly risen to unprecedented levels in Nyala, capital of South Darfur, the rest of Darfur, and Sudan in general. Merchants and analysts blame the sharp drop in the value of Sudanese Pound against the US Dollar.<\/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":[27,43],"tags":[],"class_list":["post-180605","post","type-post","status-publish","format-standard","hentry","category-news","category-opinion-and-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Price hikes as Sudanese Pound plunges - 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\/price-hikes-as-sudanese-pound-plunges\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Price hikes as Sudanese Pound plunges - Dabanga Radio TV Online\" \/>\n<meta property=\"og:description\" content=\"Transportation fares and prices have reportedly risen to unprecedented levels in Nyala, capital of South Darfur, the rest of Darfur, and Sudan in general. Merchants and analysts blame the sharp drop in the value of Sudanese Pound against the US Dollar.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/price-hikes-as-sudanese-pound-plunges\" \/>\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=\"2016-04-21T21:18:00+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\\\/price-hikes-as-sudanese-pound-plunges#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/price-hikes-as-sudanese-pound-plunges\"},\"author\":{\"name\":\"Dabanga\",\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/#\\\/schema\\\/person\\\/8286733fdc3467934c628badb2395f23\"},\"headline\":\"Price hikes as Sudanese Pound plunges\",\"datePublished\":\"2016-04-21T21:18:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/price-hikes-as-sudanese-pound-plunges\"},\"wordCount\":264,\"publisher\":{\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/#organization\"},\"articleSection\":[\"News\",\"Opinion and analysis\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/price-hikes-as-sudanese-pound-plunges\",\"url\":\"https:\\\/\\\/www.dabangasudan.org\\\/en\\\/all-news\\\/article\\\/price-hikes-as-sudanese-pound-plunges\",\"name\":\"Price hikes as Sudanese Pound plunges - 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