Dollar price in Banks is approaching the Black Market

Sudan Events – Rehab Abdullah

Sudanese banks are trying hard to reach an exchange rate for foreign currencies against the Sudanese pound that is close to or equal to the parallel market price.
On Thursday, banks began raising prices again, as they raised the dollar purchase price at the Bank of Khartoum to SDGs1850 , while the selling price reached SDGs1863.88, and its price at the Bank of Omdurman reached SDGs 1790 , and the dollar purchase price at Faisal Islamic Bank was recorded at SDGs1835 , and its selling price reached SDGs1848.66, while its price at the Nile Bank reached SDGs 1750 , and its price at the Workers Bank was recorded at SDGs1600 .
In the same context, foreign currency prices continued to rise in the parallel market (the black market).
The purchase price of the dollar in the parallel market (Thursday) reached SDGs 1990 , while the selling price was SDGs 2200 .
The Saudi riyal was SDGs 560 , while the euro was SDGs 2282.20 , the British pound was SDGs 2692.30 , the UAE dirham was SDGs 600 , the Egyptian pound was SDGs 43 , while the Bahraini dinar was SDGs 5526.31 , the Qatari riyal was SDGs 575.34 , the Omani riyal was SDGs 5526.31 , and the Kuwaiti dinar was SDGs 6774.31