The dollar price in Sudan today, Saturday, October 31, 2020

The dollar exchange rate against the Sudanese pound rose today, Saturday October 31, 2020, slightly in “black” parallel market transactions.

The average dollar exchange rate against the Sudanese pound was around 234 pounds, compared to 230 pounds at the close of transactions on Friday, Sudanese media reported, amid moves by the World Bank to help Sudan.

The price of the US dollar remains unchanged for months at banks operating in Sudan at 55 pounds for buying and 55.27 pounds for selling.

Also on Saturday, the price of the European euro against the Sudanese pound on the parallel market rose to 265 pounds, while the price of the British pound against the Sudanese pound rose to 290 pounds.

Over the past 3 years, the Sudanese pound exchange rate against the dollar has collapsed from an average of 40 pounds to the dollar to an average of 260 pounds last week, before improving to a average of 230 pounds in the middle of this week.

Debt relief

The International Monetary Fund revealed its intention to reduce Sudan’s debt burden after its exclusion from the list of states sponsoring terrorism prepared by the United States, which led to the recovery of the Sudanese pound against foreign currencies .

The International Monetary Fund has said that the U.S. government’s plans to exclude Sudan from the list of states sponsoring terrorism will remove one of the obstacles the heavily indebted country faces in its quest to ease the debt burden.

Euro and pound sterling rates

The average price of the European euro rose today, Saturday, on the parallel market to 265 pounds, from 260 pounds at the end of Friday’s session, and its price on banks’ trading screens rose to 64.805 books for purchase and 65,129 books for sale.

The average price of British pound in the parallel market rose to 290 pounds from 280 pounds, while it rose in banks to 71,764 pounds buying and 72,122 pounds selling.

Real price, dirham and dinar

The average price of the Saudi riyal on the parallel market rose to 60 pounds, from 58 pounds on Friday, and in banks it rose to 14,6714 pounds to buy, 14,744 pounds to sell.

The average price of the UAE dirham stood at 60 pounds at the start of Saturday’s session, as it settled on the Sudanese Central Bank’s trading screens at 14.97 pounds to buy and 15 , 05 books for sale.

The price of the Kuwaiti dinar rose on the parallel market on the stock exchange today, Saturday, to 620 pounds, from 605 pounds, and in banks, it rose to 179.74 pounds to buy, 180.64 pounds to the sale.