Expectations of Developments in Dollar Prices
Sudan Events – Rehab Abdullah
Foreign exchange market traders expected new developments in foreign currency prices in Sudan after the end of Eid al-Adha holiday, and revealed a near-complete halt in foreign exchange trading operations during the holiday, and confirmed the impact of the scarcity of “cash” on trading and that most of the operations that took place were through the “Bankak” application.
In the context, Sudan Events follow-ups revealed the stability of foreign currency prices in banks at their last high before the last day of Eid al-Adha holiday.
The dollar purchase price at Khartoum Bank stabilized at SDGs 1679 , and the dollar sale price reached SDGs 1691.60 , while the dollar purchase price at Omdurman National Bank maintained its price at SDGs 1670 , and the sale price reached SDGs 1682 , while the dollar purchase price at Faisal Islamic Bank reached SDGs 1700 , and the sale price reached SDGs 1712.75 and the dollar purchase price at Nile Bank reached SDGs 1650 , while the sale price reached SDGs 1662.37 .
The parallel market currency prices witnessed stability at their last high, and the purchase price of the dollar in the parallel market trading (Saturday) recorded SDGs 1920 while the selling price reached SDGs 1940 , and the price of the Saudi riyal recorded SDGs 512 , and the price of the Emirati dirham recorded SDGs 523.16 and the price of the euro reached SDGs 2043.010 and the price of the Egyptian pound reached SDGs 39.87 and the price of the Bahraini dinar reached SDGs 5052.63 , while the price of the Qatari riyal recorded SDGs526 , and the price of the Omani riyal reached SDGs 5052.63
