The price of the Egyptian pound stabilized today, Saturday, March 25, 2022, against the Sudanese pound, recording 24,166 Sudanese pounds, and the Central Bank of Sudan issued a special circular for the purchase and sale of foreign exchange resources, according to which banks were allowed to purchase foreign exchange resources at their declared exchange rate, and it also includes cash over the counter, and checks. Tourist and the like.
The price of the Egyptian pound today in Sudan
The price of the Egyptian pound against the Sudanese pound stabilized today, Saturday, March 26, at a marginal rate, as the purchase price of the Egyptian pound in Sudan reached 24.1629 Sudanese pounds, while its price on the black market reached 40.5 Sudanese pounds.
The price of the dollar today in Sudan in the Central Bank
According to the price list of the Central Bank of Sudan, the exchange rate of the US dollar in Sudan for purchase reached 445.39 Sudanese pounds, while the selling price reached 448.73 Sudanese pounds per dollar.
The price of the dollar in Sudan today on the black market
But on the black market, the price of the dollar rose today, Saturday, March 26, 2022, as the price of the green currency reached 680 Sudanese pounds for purchase, and 685.2 pounds for sale.
The Sudanese pound is losing 80% of its strength
ESCWA stated in a report that the Sudanese pound lost 87% of its purchasing power, during the years 2019 and 2021.
The report of ESCWA, one of the United Nations organizations, came under the title “Unleashing New Findings of Purchasing Power Parities in the Arab Region: The Real Size of Arab Economies”.
Sudan witnessed a state of stability in the exchange rates of the Sudanese pound in the last period, especially after the official liberation of the exchange rate in March 2021, but the Sudanese pound witnessed a decrease in its value against foreign currencies, during the past days, in the parallel market as a result of the speculation of dealers in the currency trade to buy and sell the dollar after The stability lasted for months, in conjunction with political and economic turmoil.
This comes after the Supreme Committee for Economic Emergencies, headed by the Vice-President of the Transitional Sovereignty Council, Lieutenant-General Mohamed Hamdan Dagalo, issued a number of decisions to address economic challenges, the most important of which is unifying the exchange rate of the Sudanese pound against the dollar in the country.