New Developments in Foreign Currency Exchange Rates in the Parallel Market

The exchange rates of some foreign currencies have risen again against the Sudanese pound in the parallel market. The prices of the dollar, Egyptian pound, Qatari riyal, and British pound have increased, while the rates of the remaining currencies have remained stable.

Traders attributed the rise in exchange rates to increased demand following the partial change in the Sudanese currency, as some individuals attempted to buy foreign currencies instead of going to the banks.

Foreign exchange market traders reported that on Wednesday, the purchase price of the dollar in the parallel market reached 2,550 Sudanese pounds. The Saudi riyal was priced at 678.19 pounds, the Egyptian pound at 50.54 pounds, the UAE dirham at 694.82 pounds, the euro at 2,684.21 pounds, the British pound at 3,269.23 pounds, and the Qatari riyal at 700.54 pounds.