Stability in Foreign Currency Exchange Rates

Foreign currency exchange rates against the Sudanese pound in the parallel market continued to stabilize. Currency traders reported that the US dollar’s rate in the parallel market on Monday remained stable, ranging between 2,650 SDG for the lowest rate and 2,850 SDG for the highest. The Saudi riyal ranged between 706.66 SDG and 760 SDG, while the Egyptian pound ranged between 54.63 SDG and 58.76 SDG. The buying price of the UAE dirham was 722.07 SDG, with a selling price of 776.56 SDG. The euro’s buying price was 2,912.08 SDG, and its selling price reached 3,131.86 SDG. The British pound remained stable, with a buying price of 3,441.55 SDG and a selling price of 3,701.29 SDG, while the Qatari riyal’s buying price was 728.02 SDG, and its selling price was 782.96 SDG.

Stability was also observed in foreign currency exchange rates within Sudanese banks. The National Bank of Omdurman maintained its buying price for the US dollar at 1,990 SDG and its selling price at 2,004.92 SDG. Faisal Islamic Bank’s buying price for the US dollar was 1,985 SDG, with a selling price of 1,999.89 SDG. The buying price for the US dollar at Bank of Khartoum held at 1,982 SDG, with a selling price of 1,996.87 SDG.