Economic

Banks chase the Black Market in Dollar price

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.
Banks continued to raise prices, as the dollar purchase price at the Bank of Khartoum reached SDGs 1850 , while the selling price reached SDGs 1863.88, while its price at the Bank of Omdurman reached SDGs 1790 , and the dollar purchase price at Faisal Islamic Bank was recorded at SDGs 1835 , 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 .
The prices of foreign currencies in the “unofficial” parallel market continued to rise.
The purchase price of the dollar in the parallel market (Friday) reached SDGs 1990 , while the selling price was SDGs 2200 , and the price of the Saudi riyal was SDGs 560 , while the euro was SDGs 2282.20 , the price of the British pound was SDGs 2692.30 , the price of the Emirati dirham was SDGs 600 , the price of the Egyptian pound was SDGs 43 , the price of the Bahraini dinar was SDGs 5526.31 , the price of the Qatari riyal was SDGs 575.34 , the price of the Omani riyal was SDGs 5526.31 , while the price of the Kuwaiti dinar was SDGs 6774.31 .

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