Article: “A Sudanese advisor expects the official and parallel dollar prices to match within weeks”. If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336…They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe…
