Sudanese Pound (SDD)

QUOTE AND NEWS
Reuters  Jun 12  Comment 
Sudan's licensed foreign exchange bureaux have started trading Sudanese pounds at a rate nearly equal to the black market price, part of an effort started last month to stamp out unofficial trade, an official said on Tuesday.
Reuters  May 30  Comment 
Sudan's pound is under renewed pressure on the black market, with licensed exchange bureaux struggling to meet demand for dollars ahead of the summer travel season, dealers said.
Reuters  May 21  Comment 
Sudanese foreign exchange bureaux started trading Sudanese pounds at a devalued rate on Monday as part of an effort by officials to curb illegal trade and stablise the currency.
Reuters  Apr 14  Comment 
The Sudanese pound has hit a historic low on the black market as people rush to move savings into dollars, fearing an economic crisis will deepen after South Sudan seized a vital oilfield, money traders said on Saturday.
Reuters  Dec 7  Comment 
A few months before South Sudan broke away to become the world's newest nation, James Luong Kiir's pharmacy was pulling in around 5,000 South Sudanese pounds (around $1,500) a month -- a decent living in Bentiu, capital of the conflict-stricken...
Reuters  Nov 30  Comment 
The Sudanese pound weakened against the U.S. dollar in the black market this week because of a foreign currency shortage that has been worsened by the secession of oil-producing South Sudan, traders said on Wednesday.
Reuters  Sep 29  Comment 
The Sudanese pound extended losses on the key black market due to a shortage of dollars, dealers said on Thursday, as the African country battles an economic crisis and high inflation.
Reuters  Sep 27  Comment 
South Sudan wants to stop the pound weakening by setting an exchange rate target of 2.9-3.3 against the dollar and will intervene to ensure the currency stays in that band, a senior government official said on Tuesday.
Reuters  Sep 15  Comment 
The Sudanese pound hit a new low against the dollar on Thursday amid a scarcity of hard currency, while annual inflation in the African country accelerated to 21.1 percent in August due to a jump in food prices.




RELATED WIKI ARTICLES
 


The Sudanese Pound is the currency of Sudan.

The chart at left shows the USD/SDD currency pair; the number of Sudanese Pounds equivalent to 1 U.S. Dollar (USD).

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki