Warnings of Continued Collapse of Pound and Rise in Gold prices

Sudan Events – Nahid Oshi

Economic experts warned of the continued deterioration of the value of the Sudanese pound against foreign currencies, amid warnings of a continued collapse in parallel market trading.
On Thursday, the price of the dollar recorded 1,730 pounds for purchase and 1,750 pounds for sale, while the price of the euro reached 1,860.21 pounds.
The price of the Saudi riyal was 461.33 pounds, and the UAE dirham was 471.38 pounds.
The price of the Sudanese pound against the Egyptian pound reached 36.79 Sudanese pounds.
In the official market, the price of the dollar in the Bank of Khartoum was about 1,255 Sudanese pounds, while in the Bank of Omdurman it reached about 1,260 pounds.
In contrast
Gold prices witnessed an increase in conjunction with the rise in global prices, as it recorded 24 karat
About 45,509 pounds,
The price of 21 karat reached about 39,821 pounds, and 18 karat
About 34,132 Sudanese pounds..
Below is the price of the gold pound: it reached 318,572 pounds.
Globally, an ounce of 24 carat was valued at about 2,364 US dollars.