Executing deals in the parallel market raises the price of the dollar
Sudan Events – Rehab Abdullah
Foreign currency prices in the parallel “unofficial” market witnessed a significant increase, which dealers in the foreign exchange market attributed to the execution of large deals and an unprecedented increase in demand with a shortage in supply.
Foreign exchange market traders told Sudan Events hat the dollar purchase price in the parallel market trading (Wednesday) rose to SDGs 1990 , while the selling price was SDGs 2200 .
The Saudi riyal was SDGs 560 , while the euro was SDGs 2282.20 , while the British pound was SDGs 2692.30 , while the Emirati dirham ranged between SDGs 600 , and the Egyptian pound was between SDGs 43 and SDGs 65 .
The Bahraini dinar was SDGs 5526.31 , while the Qatari riyal was SDGs 575.34 , and the Omani riyal was SDGs 5526.31 , while the Kuwaiti dinar was SDGs 6774.31 . The banks continued to keep up with the parallel market and continued to raise prices.
The dollar price at the Bank of Khartoum reached SDGs1,840 ,while its price at the Bank of Omdurman reached SDGs 1,790 , while the dollar price at Faisal Islamic Bank reached SDGs1,810 , while its price at the Nile Bank reached SDGs1,750 , and its price at the Workers Bank was recorded SDGs 1,600.
