The Sudanese Pound Continues to Decline
Sudan Events – Rehab Abdullah
The Sudanese pound continued to collapse in its exchange rate against foreign currencies, in the parallel market (the informal sector) and Sudanese banks (the official sector).
Foreign exchange market traders told Sudan Events hat the dollar purchase price in the parallel market trading (Friday) rose to SDGs 1950 , while the selling price rose to SDGs1970 .
The Saudi riyal recorded SDGs 518 for purchase and SDGs 522 for sale, while the Emirati dirham recorded SDGs 528.61 , the euro reached SDGs 2086.02 , while the British pound reached SDGs 2455.69 , while the Egyptian pound ranged between SDGs 40.14 and SDGs 57 .
Bahraini dinar recorded SDGs 5146.16 , while the Qatari riyal recorded SDGs 532.96 , the Omani riyal recorded SDGs 5105.26 , while the Kuwaiti dinar reached SDGs 6258.06 .
The purchase price of the dollar at the Bank of Khartoum reached SDGs1820 , while the selling price of the dollar rose to SDGs1833 , while the purchase price of the dollar at the National Bank of Omdurman reached SDGs1790 , while the selling price reached SDGs1803.43 , at a time when the purchase price of the dollar at Faisal Islamic Bank recorded SDGs1712.75 for purchase, while the selling price reached SDGs1706.37 .
