The price of the dollar in Sudan today, Saturday, October 17,...

The price of the dollar in Sudan today, Saturday, October 17,...
The price of the dollar in Sudan today, Saturday, October 17,...
The average exchange rate of the dollar against the Sudanese pound stabilized today, Saturday, in the informal “black” parallel market, and the green currency recorded about 250 pounds, according to local media.

The price of the dollar in banks and exchange companies also continued as usual at 55 pounds for purchase and 55.72 pounds for sale.

The exchange rate of the dollar rose on the “black” market, after the Sudanese Ministry of Energy and Mining revealed the government’s steps to implement the decision to liberalize fuel prices, which it took a long time ago and was not implemented.

Prospecting for gold

On Friday, Sudan signed 10 agreements to explore for gold and associated minerals, according to the mining sector of the Ministry of Energy.

After nearly 3 decades, American companies are back in business with Sudan.

On Thursday, the Sudanese government signed a memorandum of understanding with the American General Electric Company to build power plants and provide assistance in the health sector.

International support

The Board of Executive Directors of the World Bank Group approved a total grant of $ 400 million to support Sudan’s economic reform program.

The approved support includes a $ 200 million “pre-arrears clearance” grant to support the transitional government’s efforts to implement economic reforms, as well as $ 200 million from Sudan’s previously approved partners to be managed through the Sudan Transition Support Trust Fund to finance the family support program. (Fruits).

Inflation has continued to rise in Sudan, with the continued rise in food, beverage and fuel prices, and the expansion of the parallel “black” market for the US dollar.

The Sudanese Statistics Agency said that annual inflation accelerated to 212.29% last September from 166.83% last August, driven by an increase in food and transportation prices.

The price of the euro and sterling

The price of the euro in banks was stable at 64.66 pounds for purchase and 64.98 pounds for sale, and the price of the pound sterling was stable at 71.61 pounds for purchase and 71.97 pounds for sale.

On the black market, the average exchange rate of the euro settled at 285.21 pounds and the average exchange rate of sterling at 312.19 pounds.

The price of the riyal and the dirham

The price of the Saudi riyal settled at 14.66 pounds for purchase and 14.74 pounds for sale, and the Emirati dirham at 14.97 pounds for purchase and 15.05 pounds for sale in banks.

The price of the Kuwaiti dinar reached 179.50 pounds for purchase and 180.40 pounds for sale in banks.

On the black market, the price of the Saudi riyal stabilized at 65.35 pounds, and the Emirati dirham at 67 pounds, while the average price of the Kuwaiti dinar was about 690 pounds.

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