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KHARTOUM - 30 Apr 2017

Sudanese pound continues to weaken against foreign currencies

The value of the Sudanese pound has continued to weaken against foreign currencies in the parallel market in Khartoum city after the United States of America decided to lift sanctions on Sudan.

The exchange rose to more than 18 SDG per dollar on the parallel market, and other currencies saw a similar rise in value against the Sudanese pound. One Saudi Riyal rose to 4.80 SDG.

Speaking to Radio Tamazuj on Friday, several traders complained about the scarcity of foreign currencies at the market, while there is high demand.