Banks Raise Dollar Exchange Rate

The exchange rates for foreign currencies against the Sudanese pound in the parallel market have remained stable at their latest high. According to currency traders speaking to Al-Ahdath, the dollar was bought at 2,800 SDG and sold at 2,850 SDG in Monday’s parallel market trades. The Saudi riyal was bought at 746.66 SDG and sold at 760 SDG, while the UAE dirham was bought at 762.94 SDG and sold at 776.56 SDG. The euro was bought at 3,111.11 SDG and sold at 3,166.66 SDG, while the British pound was bought at 3,733.33 SDG and sold at 3,800 SDG. The Egyptian pound was bought at 57.95 SDG and sold at 58.99 SDG. The Bahraini dinar was bought at 7,368.42 SDG, and the Qatari riyal at 769.23 SDG, with a selling price of 782.96 SDG. The Omani riyal was also bought at 7,368.42 SDG, while the Kuwaiti dinar was purchased at 9,032.25 SDG.

Meanwhile, several banks announced new increases in currency prices. The Faisal Islamic Bank set its dollar buying rate at 1,985 SDG, with a selling price of 1,999.8875 SDG. The National Omdurman Bank set its dollar buying price at 1,990 SDG, with a selling price of 2,004.92 SDG. The Bank of Khartoum maintained its dollar buying price at 1,982.00 SDG, with a selling price of 1,996.87 SDG.