✉news BusinessBanking first seen 5 h ago, last 8 min ago, peak #9
Former Bank of Sudan Official Backs Dropping Zeros from Currency
Original: Former Bank of Sudan Official: Removing Zeros Would Simplify Prices and Facilitate Transactions
A former Bank of Sudan official has argued that removing zeros from the Sudanese pound would simplify prices and make everyday transactions easier. The proposal amounts to a redenomination of the war-battered currency, which has lost much of its value and forced Sudanese to carry huge stacks of banknotes. The comment is drawing attention as the country's monetary crisis deepens.
Why now: Sudan's severe currency depreciation has renewed public debate over a possible redenomination of the pound.
Bank of SudanSudanSudanese pound
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- Former Bank of Sudan Official: Removing Zeros Would Simplify Prices and Facilitate Transactions · Sudan Horizon
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