Sudanese Pound


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Sudanese Pound

The currency of Sudan. It was introduced in 1956, replacing the Egyptian pound. The pound was itself replaced by the Sudanese dinar in 1992, but it continued to circulate in Southern Sudan while the dinar was used only in the North. Both currencies were replaced by a second Sudanese pound in 2007. Both Arabic and English appear on notes, but coins are minted only in Arabic.
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References in periodicals archive ?
IIRA expect the bank to reach a pre-tax profit of 592 million Sudanese Pounds
Negotiations are stuck on whether Sudan should buy back the Sudanese pounds circulating in the South.
Zain, Kuwait's biggest cell operator, reported a 27 percent fall in first-quarter net profit due to the fall of the Sudanese pound.
The new price of the dollar set by the body of bankers and exchange bureaus reflects 60% devaluation in the value of the Sudanese pound as the previous official dollar exchange rate was 28.0 pounds.
The Sudanese pound lost more than 100% of its value since South Sudan's secession in 2011, pushing inflation rates to record levels given that the East African nation imports most of its food.
The Sudanese pound has lost more than 100% of its value since South Sudan's secession in 2011, pushing inflation rates to record levels given that the East African nation imports most of its food.
dollar that is being transferred into accounts abroad particularly in Dubai reached 50 Sudanese pounds.
July 13, 2018 (KHARTOUM) - The Sudanese pound on Thursday has hit another historic low against the U.S.
Earlier this year, the Sudanese pound plummeted to record lows on the black market.
January 29, 2018 (KHARTOUM) - The Sudanese pound on Monday has hit another historic low against the US dollar on the black market despite strict security measures put in place by the government since last November.
December 13, 2017 (KHARTOUM) - The International Monetary Fund (IMF) has strongly advised Sudan to float the Sudanese pound stressing it is critical for creating the necessary conditions for attracting investors and promoting economic development.
Upon searching the imprisoned former President residence, investigators unearthed large amounts of cash, both in Sudanese pounds and in different currencies.

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