Fluctuations in Foreign Currency Exchange Rates in the Parallel Market

The exchange rates of foreign currencies against the Sudanese pound in the parallel market remained stable after witnessing an increase on Friday.

Economic experts predict a potential rise in prices due to increased demand following the Central Bank of Sudan’s announcement about replacing the currency.

Currency traders reported that the Saturday trading rates saw the dollar holding steady at 2,540 SDG for purchase, while the Saudi riyal remained at 675.53 SDG. The Egyptian pound traded at 50.81 SDG, the Emirati dirham at 686.64 SDG, and the euro at 2,673.68 SDG. Meanwhile, the British pound stood at 3,256.41 SDG, the Qatari riyal at 697.80 SDG, the Bahraini dinar and Omani rial at 6,535.52 SDG each, and the Kuwaiti dinar at 8,011.29 SDG.