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Predicting and Explaining Currency Crisis in Sudan

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  • Dr. Alamedin Bannaga PhD

    (Manchester University,The Arab Monetary Fund – Abu Dhabi,United Arab Emirates)

Abstract

Sudan is one of the countries that suffer enormously from currency crisis. The study adopts statistical methods to identify crisis episodes and investigate behaviors of some economic indicators that can predict crisis incidence. The indicators are then utilized to characterize the causes and implications of the currency crisis. The study finds that the most powerful predictors of currency crisis in Sudan are international reserves, political crisis, ratio of debt services to exports and inflation.

Suggested Citation

  • Dr. Alamedin Bannaga PhD, 2012. "Predicting and Explaining Currency Crisis in Sudan," International Journal of Business and Social Research, LAR Center Press, vol. 2(7), pages 85-102, December.
    • Handle: RePEc:lrc:larijb:v:2:y:2012:i:7:p:85-102
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