Sudanese pound continues to weaken against dollar

The value of the Sudanese pound has continued to weaken against foreign currencies in the parallel market.

The value of the Sudanese pound has continued to weaken against foreign currencies in the parallel market.

The exchange rose to 15.75 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 4.35 SDG.

Meanwhile, security organs have cracked down on currency traders on Tuesday in al Souk al Arabi and al Souk al Afrangi in Khartoum.

Several currency traders told Radio Tamazuj that security personnel have arrested and cracked down on many traders, accusing them of speculating in currency trading which resulted in the rise of currency exchange rate.

Price of goods has reportedly risen to new highs where price of soft drinks and mineral water rose to 20%, while other goods also continue to rise.