Sudanese Pound Hits Record Low Against US Dollar

Sudanese Pound Hits Record Low Against US Dollar

The latest exchange rate for 50.00 Sudanese Pounds (SDG) is 0.08 US Dollars (USD), reflecting a continued trend of devaluation for the Sudanese Pound. This rate highlights the economic challenges and external factors affecting currency value, drawing attention from investors and residents.

Vietnam Tightens Forex Rules Amid Trade Strain With China

Vietnam Tightens Forex Rules Amid Trade Strain With China

The Vietnamese Dong continues to depreciate, and new foreign exchange regulations will take effect on February 9th, cracking down on illegal currency exchange and raising the threshold for cash declaration at entry and exit. These changes will increase the cost and compliance risks associated with trade with Vietnam. Businesses should closely monitor exchange rates, choose compliant currency exchange channels, and understand the new regulations to address the challenges. Companies need to be aware of the impact on their business operations and ensure adherence to the updated rules.