Saudi Arabia Deposits $250 Million into Central Bank of Sudan

  • 7/30/2019
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Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position, the Saudi finance ministry said in a statement on Tuesday. The grant is part of a package with the United Arab Emirates worth $500 million that was announced in April. The grant aimed to alleviate pressure on the Sudanese pound and achieve stability in its exchange rate, the ministry said.

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