Economic

Warnings that Sudanese People will Face more Economic Pressure

Sudan Events – Rehab Abdullah

Economists have warned that Sudan will face more difficulties in the economic situation due to the war between the army and the Rapid Support militia.

Meanwhile, experts expected a significant rise in currency prices to record levels, which would negatively affect the standard of living of citizens, The former Secretary-General of the Taxation Chamber, Abdul Qader Mohammad Abdul Qader, expected that the dollar would reach an unprecedented level.

Follow-ups of (Sudan Events) have revealed a new rise in the price of foreign currencies in unofficial (black) parallel market trading.

The purchase price of the dollar reached 1,800 pounds in trading (Saturday), while the selling price reached 2,000 pounds, and the price of the Saudi riyal recorded 474.66 pounds, at a time when the price of the Emirati dirham reached 485.01 pounds, and the increase affected the price of the Qatari riyal, as it reached 489.01 pounds, and the prices of the Omani riyal and the dinar were recorded.  The Bahraini price rose significantly, as the price reached 4684.21 pounds.

Meanwhile the purchase price of the dollar at the Bank of Khartoum reached 1,255 pounds, while the selling price reached 1,264.42 pounds, while the purchase price of the dollar reached 1,260 pounds and 1,269.45 pounds for sale at Omdurman Bank, while its price decreased in Faisal Islamic Bank, where its purchase price reached 1,180 pounds and 1,184.42 pounds for sale.

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