At the same time, the exchange rate of the euro, the British pound, the Saudi riyal, the Emirati dirham, and the Kuwaiti dinar rose against the Sudanese pound at the beginning of trading Wednesday.
The price of the dollar in banks, exchange companies and the Central Bank of Sudan settled at 55 pounds for purchase and 55.72 for sale.
The price of the dollar on the black market decreased to 238 pounds, compared to 240 pounds yesterday, and Sudanese local media outlets beat.
Sudan suffers from severe economic crises, a shortage of basic commodities and high poverty rates, at a time when the transitional government seeks to bring the country to safety.
Sudan is in dire need of financial aid to reorganize its economy.
Inflation rate reached 167 percent in August.
The International Monetary Fund said that the Fund’s Executive Board approved a plan to monitor a 12-month economic program prepared by Sudan as it seeks to show its ability to implement reforms and move towards eventually debt forgiveness.
The price of the euro and sterling
The European euro recorded 64.83 pounds for purchase and 65.16 pounds for sale, in the Central Bank of Sudan, while the British pound recorded 71.41 pounds for purchase and 71.76 pounds for sale.
On the black market, the average exchange rate of the euro reached 270 pounds, and the average exchange rate of 300 pounds.
The price of the riyal and the dirham
The Saudi riyal recorded 14.66 pounds for purchase and 14.74 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 179.40 for purchase, and 180.3 pounds for sale.
On the black market, the average price of the Saudi riyal reached 64 pounds and the average price of the Emirati dirham was 67 pounds, while the average price of the Kuwaiti dinar was about 680 pounds.
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