Decline in Foreign Currency Rates

The exchange rates of most foreign currencies against the Sudanese pound remained stable in the parallel market and Sudanese banks at their previous high levels, while the Egyptian pound and the Euro saw a decline. Foreign exchange traders told Al-Ahdath that the selling price of the US dollar in the parallel market trading on Friday stabilized at 2,850 Sudanese pounds. Meanwhile, the selling price of the Egyptian pound dropped to 58.94 pounds, the Saudi Riyal remained stable at 760 pounds, and the Emirati Dirham also remained steady at 776.56 pounds. The Euro, however, declined to 3,131.86 pounds, and the British pound fell to 3,750 pounds. The Qatari Riyal stood at 780.82 pounds.

In banks, exchange rates remained stable on Friday, with Omdurman National Bank recording the highest dollar purchase rate at 1,990 pounds and a selling price of 2,004.92 pounds. Faisal Islamic Bank’s dollar purchase price stood at 1,985 pounds, with a selling price of 1,999.8875 pounds. Meanwhile, the purchase price at Bank of Khartoum remained steady at 1,982 pounds, with a selling price of 1,996.87 pounds.