Sudanese Pound sheds nearly two-fifths of its value following de facto embargo on flights

The army relies on the UAE for hard currency from gold exports, but also accuses it of backing the rival Rapid Support Forces (RSF) paramilitary in a two-and-a-half-year civil war that has killed tens of thousands and displaced millions. The UAE, which denies backing the RSF but has increasingly fraught relations with the army-led government, stopped all commercial flights from Port Sudan in early August, driving the pound’s value down from 2 200 to 3 600 per Dollar.
–Reuters–