Decline in Price of Dollar in Parallel Market

Khartoum – Rehab Abdullah

Foreign currency prices gradually declined against the Sudanese pound following the significant rise recorded last week in the parallel market.
In their interview with Sudan Events, traders said that foreign currency prices gradually declined, and experts suggested the decline was due to the Bank of Sudan announcing anticipated measures and policies, as well as the arrest of currency traders in the Red Sea State. The purchase price of the dollar in trading (Sunday) reached 1,600 pounds, while the selling price reached 1,620 pounds, at a time when the price of the Saudi riyal reached 400 pounds, while the price of the Emirati dirham reached 455 pounds, and the price of the Qatari riyal reached 460 pounds, while the price of the Omani riyal reached 4421.05 pounds.
At a time when the dollar prices in banks stabilized at their last high, as the dollar reached 1,255 pounds for purchase at the “Bank of Khartoum” and 1,264 pounds for sale, while it stabilized at 1,260 pounds at the “Bank of Omdurman.”