EconomySudan’s currency collapses as war sends food prices soaring

The Sudanese pound has lost more than 90 percent of its value since war began between Sudan’s army and the Rapid Support Forces in April 2023. The collapse, compounded by the Central Bank’s decision to float the currency, has driven up essential prices. Reliance on imports means businesses must pay suppliers in hard currency, leaving many families unable to afford food and other necessities.