Foreign Currencies Hold Firm at Elevated Levels

Foreign currency rates maintained their recent gains in Monday’s trading on the parallel (informal) market.

Traders in the informal foreign exchange market reported that the U.S. dollar’s buying rate stabilized at 3,665 Sudanese pounds, while the selling rate reached 3,750 pounds.

The Saudi riyal recorded 976 pounds for buying and 1,000 pounds for selling. The UAE dirham stood at 980.92 pounds for buying, while the euro was recorded at 4,311.764 pounds.

The British pound sterling reached 4,952.702 pounds, and the Egyptian pound stood at 77.1091 pounds. The Bahraini dinar stabilized at 9,644.73 pounds, while the Qatari riyal recorded 1,006.86 pounds.

The Omani riyal reached 9,600 pounds, and the Kuwaiti dinar was recorded at 11,822.5 pounds.