Sudan’s currency collapses as war deepens economic crisis

Sudan’s currency collapses as war deepens economic crisis

Sudan’s national currency has hit an all-time low on the black market, as the country’s war-driven crisis deepens. In Port Sudan, traders said the pound plunged to 3,000 against the US dollar this week, down from 2,600 in early July. Before the war began in April 2023 between the general Abdel Fattah al Burhan’s army and Rapid Support Forces, it traded around 500 per dollar. The recent collapse is fuelled by soaring demand for dollars to fund es…