Factors affecting the exchange rate in Sudan during the period from 1992 – 2022
The paper aimed to study the factors affecting the exchange rate in Sudan during the period from 1992-2022, and to what extent these factors are considered determinants of the exchange rate in Sudan. Statistically significant between the gross domestic product, the monetary reserve, the value of ex...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
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Academic Research and Publishing UG
2023-09-01
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| Series: | Financial Markets, Institutions and Risks |
| Subjects: | |
| Online Access: | https://armgpublishing.com/wp-content/uploads/2023/10/FMIR_3_2023_10.pdf |
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| Summary: | The paper aimed to study the factors affecting the exchange rate in Sudan during the period from 1992-2022, and to what extent these factors are considered determinants of the exchange rate in Sudan. Statistically significant between the gross domestic product, the monetary reserve, the value of exports and imports, and the exchange rate. The paper reached results, the most important of which is that the direct relationship between the volume of exports and the decline in the exchange rate of the Sudanese pound did not lead to an increase in the volume of exports and a decrease in the volume of imports, and thus did not contribute to a decrease in the deficit in the trade balance and the balance of payments. The most important recommendations of the paper are: the need to build and diversify foreign exchange reserves to increase the effectiveness of implementing exchange rate policies, and this can only be done through increasing real gross product, reducing imports and increasing exports. |
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| ISSN: | 2521-1250 2521-1242 |