Devaluation of Sudanese pound leads to price increases

About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

Recent from Al Jazeera English:

  • Will Russia attack Ukraine? | Inside Story
  • Germany sees rising death toll from COVID-19
  • Czechia expels Russian diplomats over 2014 ammunition depot blast
  • A shortage of foreign currency reserves in Sudan is leading to the devaluation of the Sudanese pound.
    That is causing price increases, and some traders are opting to stop sales during this period of economic uncertainty.

    Al Jazeera’s Hiba Morgan reports from the capital, Khartoum.

    – Subscribe to our channel: http://aje.io/AJSubscribe
    – Follow us on Twitter: https://twitter.com/AJEnglish
    – Find us on Facebook: https://www.facebook.com/aljazeera
    – Check our website: https://www.aljazeera.com/

    #Sudan #SudanInflation #SudanEconomicCrisis

    In This Story: Khartoum

    Khartoum or Khartum is the capital of Sudan. With a population of 5,274,321, its metropolitan area is the largest in Sudan. Khartoum is located at the confluence of the White Nile, flowing north from Lake Victoria, and the Blue Nile, flowing west from Lake Tana in Ethiopia.

    2 Recent Items: Khartoum

  • Yasser Abbas: Will there be armed conflict over Nile dam dispute? | Talk to Al Jazeera
  • China-donated COVID-19 vaccines arrive in Sudan
  • In This Story: Sudan

    The Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It is bordered by Egypt to the north, Libya to the northwest, Chad to the west, the Central African Republic to the southwest, South Sudan to the south, Ethiopia to the southeast, Eritrea to the east, and the Red Sea to the northeast.

    Sudan’s history goes back to the Pharaonic period. Independence from the British was proclaimed on 1 January 1956.

    Islam was Sudan’s state religion and Islamic laws applied from 1983 until 2020 when the country became a secular state. The economy has been described as lower-middle income and relies on oil production. Sudan is a member of the United Nations, the Arab League, African Union, COMESA, Non-Aligned Movement and the Organisation of Islamic Co-operation.

    3 Recent Items: Sudan

  • Sexual Violence in Conflict – Security Council, Open Debate
  • How a Hobart kitchen is helping older migrants combat ageism | ABC News
  • What has changed since Sudanese dictator al-Bashir was ousted? | DW News
  • Leave a Comment