* Sudan struggling with long economic crisis
* Currency reform paves way for aid, debt relief
* Dollar trade in banks still subject to restrictions
* Black market currency activity has plummeted
By Nafisa Eltahir, Khalid Abdelaziz and Patrick Werr
KHARTOUM, March 3 (Reuters) – Sudans devaluation of its currency last month, a long-awaited step in tackling the countrys chronic economic crisis, initially caused confusion among banks, traders and clients.
Yet less than two weeks after Sudan slashed the value of its pound and put a managed float in place, its banks are gradually taking over currency trades, opening the way for billions of dollars in debt relief and the unlocking of new finance.
The Sudanese government is already getting some help fr…
Read the full article at: https://www.reuters.com/article/sudan-economy-devaluation/sudans-devaluation-debt-relief-path-eased-by-dollar-trading-idUSL5N2KY0G1