Banks can now open deferred letters of credit (LCs) for imports for up to one year, offering temporary relief to the country's foreign currency liquidity. In a circular issued yesterday, the ...
The Central Bank of Sudan issued a circular yesterday, amending the controls followed in the feeding and use of free accounts in foreign currency. By virtue of this circular, the Bank of Sudan ...
Mozambican businesspeople yesterday once again complained of a shortage of foreign currency in the interbank market, indicating that the liquidity shortage could jeopardize equipment imports by ...