– Announcement –
Village- Sign in The price of the dollar in SudanToday, Sunday December 11, 2022, a sudden increase, according to a bulletin released by Omdurman Bank.
Sign in The price of the dollar in Sudan Today, Sunday, £577 buy and £581.32 sell.
The price of the euro in Sudan today
Today, Sunday, the price of the euro in Sudan in banks recorded £607.81 buying and £612.37 selling.
The price of the British Pound in Sudan today
The price of the British pound was recorded today in Sudan at the Bank of Khartoum, £706.16 buying and £711.80 selling.
The price of Saudi riyal in Sudan today
The price of the Saudi riyal against the Sudanese pound today recorded £151.93 for buys and £153.07 for sell.
UAE dirham price in Sudan today
Today, the price of the Emirati dirham in Sudan at official banks recorded £157.80 for buying and £158.98 for selling.
The price of the Qatari riyal in Sudan today
– Announcement –
The price of the Qatari riyal in Sudan today was recorded with banks at around £153.52 for buying and £154.67 for selling.
Chaos hits the currency markets
Chaos reigns supreme currency markets in Sudanamid the absence of the government’s role in controlling transactions, due to the scarcity of the dollar.
This led to the return and expansion of the black market, after its disappearance for a limited period following the unification of the exchange rate, and the enforcement of Central Bank policies of pumping US currency into commercial banks.
In the recent period, foreign exchange operations have increased in the center of the Sudanese capital, Khartoum, without any legal responsibility or supervision by the relevant authorities, in light of the authority’s concern over political conflicts and security turmoil.
United Nations: economic recession
Recently, the United Nations confirmed that central bank interventions and tight monetary policy contributed to the contraction of economic activity and the stabilization of the The exchange rate in Sudan.
A report presented by the United Nations Secretary-General, Antonio Guterres, to the United Nations Security Council, states: “Central bank interventions and tighter monetary policy have contributed to the contraction of the economy and the stabilization of the exchange rate.” .
He added that this policy is represented by a (36%) increase in the money supply alone from January to September 2022, compared to a (128%) increase during the same period in 2021.
