The central bank rate was repeated on the screens of most banks and exchange companies operating in Sudan.
As for the black market, the dollar fell during today’s trading at 240 pounds.
The stability of the price of the dollar comes after the Sudanese Economic Conference, which issued 160 recommendations for reform, led by the reduction of government subsidies for fuel.
The participants recommended the necessity of rationalizing subsidies on petrol and gasoline, maintaining government support for wheat, medicine, electricity and cooking gas, and providing in-kind support to vulnerable families.
The recommendations also included adopting the interest rate as a tool to implement monetary policy and the cost of borrowing and reducing high levels of inflation to limit the influence of economic policies that stimulate inflation, in addition to supporting industrial and agricultural production inputs.
The recommendations in this axis coincide with the economic reform program agreed upon between the transitional government and the International Monetary Fund, which began to be implemented months ago.
The price of the euro and sterling
The European euro recorded 64.58 pounds for purchase and 64.91 pounds for sale, at the Central Bank of Sudan, and the British pound recorded 71.16 pounds for purchase and 71.51 pounds for sale.
On the black market, the euro recorded 260 pounds and 285 pounds.
The price of the riyal and the dirham
The Saudi riyal recorded 14.66 pounds for purchase and 14.73 pounds for sale, and the Emirati dirham was 14.97 pounds for purchase and 15.05 pounds for sale at the Central Bank of Sudan.
In the same bank, the Kuwaiti dinar registered 178.40 for purchase, and 179.28 pounds for sale.
On the black market, the riyal scored 61 pounds and the dirham 64 pounds, while the Kuwaiti dinar scored about 650 pounds.
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