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Saudi Arabia deposits $250 million into central bank of Sudan

DUBAI, July 30 (Reuters) - Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position, the Saudi finance ministry said in a statement on Tuesday.

The grant is part of a package with the United Arab Emirates worth $500 million that was announced in April.

The grant aimed to alleviate pressure on the Sudanese pound and achieve stability in its exchange rate, the ministry said.

Reporting by Dahlia Nehme; Editing by Edmund Blair

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