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Economic

Sudan dollar freeze sparks economic crisis

Sudan implements a dollar freeze, halting dollar transactions and freezing foreign currency accounts, triggering panic and economic uncertainty.

Sudan's government has announced a sudden freeze on the US dollar, halting all dollar transactions and freezing foreign currency accounts to conserve hard currency reserves amidst a severe economic crisis. The move has led to long queues at banks and money exchanges, as individuals and businesses rush to withdraw or convert remaining dollars. The freeze is expected to severely impact imports, remittances, and business operations, further straining an economy already grappling with high inflation and currency depreciation. The government cited the need to stabilize foreign exchange markets and prevent capital flight as the rationale behind the decision.
Status
active
Location
Khartoum, Sudan
Date added
2026-04-11 07:09 UTC
Added by
bodglobalapdrt
Last updated
Source
Reuters
Source published dsate/time
2026-04-11 12:30 UTC
Event date/time
2026-04-11
Connected threats
Not provided

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