The price of the Saudi riyal stabilized today, Sunday, April 17, 2022, once morest the Sudanese pound, according to the official rates announced by the Central Bank of Sudan, at a time when it is still witnessing a decline on the black market following the unification of the Sudanese pound exchange rate.
The price of the Saudi riyal in Sudan today
The price of the Saudi riyal once morest the Sudanese pound stabilized today, Sunday, April 17, bringing the exchange rate of the purchase of the Saudi riyal in the Sudanese market to 119.30 Sudanese pounds, while the price of the Saudi riyal on the black market recorded 153 Sudanese pounds.
The price of the UAE dirham today in Sudan
On the other hand, the exchange rate of the Emirati dirham once morest the Sudanese pound in banks reached 121.70 Sudanese pounds for purchase, compared to 122.25 for sale, according to official prices, while it reached 157 pounds on the black market.
The price of the euro today in Sudan
The Central Bank of Sudan said that the price of the euro once morest the Sudanese pound reached 497.56 Sudanese pounds for purchase today, while the selling price reached 478.19 Sudanese pounds per euro, while its price on the black market rose to 619 Sudanese pounds per euro.
Read also.. The price of the Egyptian pound in Sudan today, Saturday, April 16, 2022
Sudan seeks $1 billion deposit to support pound
The Sudanese Ministry of Finance said, in a statement, that Finance Minister Jibril Ibrahim will seek to obtain a deposit of one billion dollars in the Central Bank to support the Sudanese pound, during his visit to Saudi Arabia.
The Sudanese economy has deteriorated since last October, and the Sudanese pound has lost more than a quarter of its value, as the country suffers from a chronic shortage of hard currency.
The Ministry of Finance said, “It is expected that the Minister of Finance, Dr. Jibril, will meet his counterpart the Saudi Finance Minister in Jeddah, to discuss joint cooperation and arrangements for the billion-dollar deposit of the Bank of Sudan.”
The Sudan News Agency had reported late last month that the Central Bank had received deposits from Saudi Arabia and the UAE, without specifying their volumes, and that it would pump hard currency to banks in order to meet customer demand.
