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رويترز:- السودان ربما يخفض قيمة الجنيه لمواجهة ندرة الدولار
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http://ca.news.yahoo.com/sudan-may-devalue-po...nkers-181231335.html
KHARTOUM (Reuters) - Sudan's central bank might have to devalue the Sudanese pound against the dollar to overcome a large spread over the black market rate fuelled by a scarcity of foreign currency, executives at the country's biggest private bank said on Tuesday. The African country is fighting an economic crisis after South Sudan took most of the oil production when it became independent in July under a 2005 peace agreement. Oil is the lifeline of both economies and a major source of foreign currency needed to pay for imports such as food and consumer goods. Annual inflation hit 19.8 percent in October, around double the level a year ago. The pound has dropped since July, with one dollar buying around 4.2 pounds on the black market on Tuesday after briefly fetching 4.5 or more in recent weeks. The official rate stands at about 3 pounds to the dollar. As a result, some financing of trade, often done in cash, has been carried out via the black market, experts say. "The pressure is there and it is increasing day by day. We are anticipating that the central bank will take a move to actually reduce the gap between the official and parallel rate," said Fadi Salim Faqih, General Manager at Bank of Khartoum, Sudan's biggest private lender.
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