Economic
The Dollar Declines Against the Sudanese Pound
Sudan Events – Rahab Abdullah
Sudan Event’s investigations have revealed a new decline in the exchange rate of the US dollar against the Sudanese pound in the parallel market today (Thursday).
Traders in the parallel market stated that the buying price of the dollar declined today to 800 Sudanese pounds compared to 802 pounds yesterday. Meanwhile, the buying price of the Saudi riyal also declined to 200 pounds. At the same time, the buying price of the euro reached 880 pounds, while the Egyptian pound declined to 20 pounds. The dirham also declined to 210 pounds.
Traders attributed the decline to a relative decrease in demand for foreign currencies.