Increased Demand for Foreign Currency Raises Exchange Rates

The parallel market for foreign currencies has experienced a sudden surge in demand, causing a significant rise in the value of foreign currencies. Currency traders reported that on Thursday, the price of the dollar in the parallel market increased drastically due to the sudden surge in demand, reaching 2,650 Sudanese pounds. Similarly, the price of the Saudi Riyal rose to 706.66 pounds, the Emirati Dirham to 722.07 pounds, and the Euro reached 2,731.95 pounds. The British Pound also saw an increase, reaching 3,271.60 pounds, while the Egyptian Pound was priced at 52.38 pounds. The Bahraini Dinar stood at 6,973.68 pounds, and the Qatari Riyal rose to 728.02 pounds. The Omani Rial also recorded an increase, reaching 6,973.68 pounds, while the Kuwaiti Dinar reached 8,548.38 pounds.