Economic

An unprecedented Leap in Dollar Price

Sudan Events – Rehab Abdullah

The exchange rate of foreign currencies against the Sudanese pound leap in the parallel market in an unprecedented manner, with the dollar price approaching three thousand pounds.
Currency market traders told (Sudan Events ) that the price of the US dollar in Sunday’s trading reached SDGs 2700 , while the Saudi riyal recorded SDGs 720 , the Emirati dirham SDGs 735.69 , while the euro reached SDGs 2934.78 , while the pound sterling recorded SDGs 3506.49 , the Egyptian pound reached SDGs 55.99, the Bahraini dinar reached SDGs 7105.26, while the Qatari riyal reached SDGs 739.72 , the Omani riyal reached SDGs 7105.26 , and the Kuwaiti dinar reached SDGd 8709.67 .
In the context, Sudanese banks stopped increasing prices as part of their policy to catch up with the parallel market price, as foreign currency prices stopped at their last increase set by the banks, and the dollar purchase price at the Bank of Khartoum stabilized at SDGs 1860.42 , while the selling price reached SDGs 1873.95, and its price at the Bank of Omdurman reached SDGs 1790 , while the dollar purchase price at Faisal Islamic Bank recorded SDGs 1850 , SDGs 1863 for sale.

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