Sudan: Sudan Suffers Severe Cash Shortage and Steep Interest Rates

[Dabanga] El Obeid / Nyala / El Geneina / Port Sudan -- Residents in North Kordofan's capital of El Obeid are grappling with a severe cash liquidity crisis. There is a significant shortage of cash in banks, with one trader from the El Obeid Crops Stock Exchange telling Radio Dabanga, "Most banks lack cash liquidity, while the interest rate on transfers have surged to 15 per cent."

Original URL: Click here to visit original article