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Saudi Arabia and the United Arab Emirates on Sunday announced financial support of three billion dollars (2.7 billion euros) in Sudan following the overthrow of longtime leader Omar al-Bashir.
The Gulf states, rich in oil, pledged to inject $ 500 million into the Sudanese central bank and $ 2.5 billion to provide food, drugs and petroleum products, the agency said Saudi Press (SPA).
He did not specify if the money is a gift or a loan.
The deposit for the central bank aims to support the Sudanese pound, said SPA.
In recent years, Sudan has been hit by a glaring shortage of dollars, a factor that has contributed significantly to the national demonstrations that led to the military overthrow of Bashir this month.
Since its ouster, the pound has been gradually strengthened on the black market and climbed Sunday to 45 for a dollar against 72 last week.
The official exchange rate is 47.5 pounds for one dollar.
Media reports that Saudi Arabia was supposed to send aid to Sudan were seen as a stimulating factor for the pound.
The Sudanese currency has plummeted since the United States lifted its 20-year-old trade embargo on the country in October 2017.
Expectations that the end of US sanctions would lead to an economic recovery did not materialize, putting pressure on the pound sterling.
The country's economic crisis has worsened since the secession of South Sudan in 2011, which had taken away the bulk of oil revenues.
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