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USDSDG

$--
--%
1d
1w
1m

Analysis and statistics

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About

USDSDG.FOREX likely refers to the exchange rate between the US dollar (USD) and the Sudanese pound (SDG) within the foreign exchange (FOREX) market. It indicates the value of one US dollar in terms of Sudanese pounds. However, due to the economic and political instability in Sudan, the Sudanese pound is not widely traded, and data for this pairing might be difficult to obtain or unreliable from standard Forex data providers.
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Factors

Oil Prices: Sudan is an oil-exporting nation, so fluctuations in global oil prices directly impact their export revenue and SDG value.

US Dollar Strength: A stronger USD typically weakens other currencies, including the SDG, making USDSDG rise.

Sudanese Political Stability: Political instability and conflicts often lead to SDG devaluation due to economic uncertainty.

Sudanese Inflation Rate: Higher inflation in Sudan erodes the SDG's purchasing power, increasing USDSDG.

US Interest Rates: Higher US interest rates tend to strengthen the USD, increasing USDSDG.

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