Economic

Surge in Foreign Currency Exchange Rates

Foreign currency exchange rates recorded a sudden spike in parallel market trading on Wednesday, which currency dealers attributed to a significant increase in demand.

According to traders in the foreign exchange market, the U.S. dollar rose to 2,709.24 Sudanese pounds. The Saudi riyal reached 722.464 pounds, the Emirati dirham hit 738.2125 pounds, and the euro climbed to 3,078.68 pounds. Meanwhile, the British pound reached 3,612.32 pounds, the Egyptian pound traded at 53.5 pounds, the Bahraini dinar reached 7,129.5789 pounds, the Qatari riyal hit 744.296 pounds, the Omani rial reached 7,129 pounds, and the Kuwaiti dinar stood at 8,739.483 pounds.

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