On Wednesday, economic analyst Zia Mohsen accused parties within the Central Bank with internal and external objectives of conspiring to destabilize the dollar exchange rate in order to destabilize the administration of Muhammad Shiaa al-Sudani.
“The measures taken by the Sudanese government to limit the rise in the exchange rate of the US dollar against the Iraqi dinar since the appointment of a new governor of the Central Bank faced obstacles placed by parties within the Central Bank,” Mohsen stated in a statement to Al-Maalouma.
“There are parties working for internal and external agendas to thwart Prime Minister Muhammad Shiaa al-Sudani’s government by creating a dollar exchange rate crisis,” he continued.
He stated that “these parties have found new outlets for currency smuggling, including disbursing $30 million per day to travelers, in addition to the government’s ban, taking into account the views of specialists in the field of monetary policy.”
Despite the various precautions implemented by the government and the Central Bank, the exchange rates of the US dollar versus the Iraqi dinar are volatile in local markets.