{"id":180017,"date":"2024-09-06T04:24:36","date_gmt":"2024-09-06T02:24:36","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/sudan\/sudan-suffers-severe-cash-shortage-and-steep-interest-rates\/"},"modified":"2024-09-06T04:24:36","modified_gmt":"2024-09-06T02:24:36","slug":"sudan-suffers-severe-cash-shortage-and-steep-interest-rates","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/sudan\/sudan-suffers-severe-cash-shortage-and-steep-interest-rates\/","title":{"rendered":"Sudan Suffers Severe Cash Shortage and Steep Interest Rates"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"55\">El Obeid \/ Nyala \/ El Geneina \/ Port Sudan \u2014 <em>Residents in North Kordofan&#8217;s capital of El Obeid are grappling with a severe cash liquidity crisis. There is a significant shortage of cash in banks, with one trader from the El Obeid Crops Stock Exchange telling Radio Dabanga, &#8220;Most banks lack cash liquidity, while the interest rate on transfers have surged to 15 per cent.&#8221;<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"41\">The liquidity crisis is attributed to the paramilitary <a href=\"https:\/\/www.dabangasudan.org\/en\/all-news\/article\/sudan-telecom-networks-blackout-widens-amid-accusations\" target=\"_blank\" rel=\"noopener\">Rapid Support Forces&#8217;<\/a> (RSF) demand for fees from cargo trucks in cash or&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202409050005.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Sudan\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/sudan\/\">Sudan<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Obeid \/ Nyala \/ El Geneina \/ Port Sudan \u2014 Residents in North Kordofan&#8217;s capital of El Obeid are grappling with a severe cash liquidity crisis. There is a significant shortage of cash in banks, with one trader from the El Obeid Crops Stock Exchange telling Radio Dabanga, &#8220;Most banks lack cash liquidity, while [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":180018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[784],"tags":[258,256,5197,4378,257,12850,13198,9467,254,11381,4708,1613,9083],"class_list":["post-180017","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sudan","tag-africa","tag-africa-news","tag-cash","tag-interest","tag-news","tag-rates","tag-severe","tag-shortage","tag-south-africa-today","tag-steep","tag-sudan","tag-sudan-news","tag-suffers"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/180017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=180017"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/180017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/180018"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=180017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=180017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=180017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}