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Banks in the capital, Khartoum, and cities in the Sudanese states this week saw a high turnout from holders of dollars wishing to sell it, and the US dollar on Tuesday recorded stability against the Sudanese pound on the black market and now offering prices below bank prices, as an indicator of the success of the unified pricing system launched by the transitional government in February of this year.
Some observers believe that there are government measures that have led to the decline of the dollar, including restricting the importation of small cars, which has helped reduce the demand for the dollar and improve the value of the Sudanese pound, in addition to security campaigns that have driven banknote merchants out of the banking system, with the commitment of the Central Bank of Sudan to supply the dollar to importers through weekly auctions, as well as increased tariffs customs duties on luxury goods.
Tuesday, July 6, 2021 on the parallel market, according to businessmen and money market traders who spoke to the newspaper (Kush News) in Khartoum, the dollar registered 455.00 pounds.
The Central Bank of Sudan announced the indicative price of the US dollar on Tuesday, July 6, 2021 AD, and the price stood at 450.15320 pounds to the dollar, while a number of commercial banks announced the prices of the dollar at about 452-457 pounds to the dollar.
As of Sunday, February 21, 2021 AD, the Bank of Sudan announced the unification of the exchange rate, then announced 375 pounds to the dollar as the indicative rate, and continued to gradually increase the price, where the increase has has so far reached around 75.00 pounds.
Khartoum (Kush News)
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