Saudi Arabia Deposits $250 Million into Central Bank of Sudan
Wednesday 31/July/2019 - 01:26 PM
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.
