Stability in Foreign Currency Rates in the Parallel Market

Foreign currency exchange rates against the Sudanese pound have stabilized again in the parallel market. Currency dealers reported that the buying price of the US dollar in Thursday’s parallel market trading was 2,800 pounds, and the selling price was 2,850 pounds. The buying price for the Saudi Riyal was 757.97 pounds, while the Egyptian pound ranged between 56.58 and 58.64 pounds. The Omani Rial rose to 7,500 pounds, and the Qatari Riyal was priced at 782.96 pounds.

Meanwhile, the exchange rate for the UAE Dirham was 762.94 pounds, the Euro was priced at 3,076.92 pounds, the British Pound at 3,684.21 pounds, the Bahraini Dinar at 7,368.42 pounds, and the Kuwaiti Dinar remained stable at 9,032.25 pounds.

In related news, foreign currency exchange rates have also stabilized in Sudanese banks. At Omdurman National Bank, the buying price for the US dollar was 1,990 pounds, with a selling price of 2,004.92 pounds. At Faisal Islamic Bank, the buying price was 1,985 pounds, and the selling price was 1,999.8875 pounds. At Bank of Khartoum, the buying price was 1,982.00 pounds, with a selling price of 1,996.87 pounds.