Traders and Company Agents Refrain from Selling
Sudan Events – Rehab Abdullah
Agents of major companies in some Sudanese states and some traders began closing their shops and refraining from selling, after the dollar price recorded unprecedented numbers reaching SDGs 2,700 , for fear of being exposed to financial losses, while others were forced to raise the prices of their goods directly, in an attempt to maintain a balance of profit rates in light of the decline in the value of the currency.
The exchange rates of foreign currencies against the Sudanese pound varied in the unofficial parallel market transactions.
Currency market traders told Sudan Events hat the price of the US dollar in Monday’s trading ranged between SDGs 2,600 and SDGs 2,700, while the Saudi riyal recorded SDGs720 , the Emirati dirham SDGs 735.69 , while the euro reached SDGs 2,934.78 , while the pound sterling recorded SDGs 3,506.49 , the Egyptian pound reached SDGs 55.99, the Bahraini dinar reached SDGs 7,105.26 , while the Qatari riyal reached SDGs 739.72 , the Omani riyal reached SDGs 7,105.26 , and the Kuwaiti dinar reached SDGs 8,709.67 . The dollar purchase price at Khartoum Bank rose to SDGs 1870 , while the selling price reached SDGs 1884.03, and its price at Omdurman Bank reached SDGs1790 , while the dollar purchase price at Faisal Islamic Bank recorded 1850 SDGs, and SDGs1863 for sale.
