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US Dollar now trades at 15 Sudanese pounds

July 29 - 2016 KHARTOUM
(file photo)
(file photo)

The US Dollar currency continued its rise in the parallel market of Sudan, amounting to SDG15.15 for 1 Dollar after having remained at about SDG14 for a month.

Economists in Sudan have predicted that the Sudanese pound will continue to drop because of the scarcity of foreign currencies in the country and the high demand for the greenback. The official rate set by the Central Bank of Sudan stands at SDG6.4.

Prices of other currencies in the black market have witnessed a similar rise. The Saudi Riyal trades at SDG4, Euro at SDG16.5 and UK sterling at SDG20.

Meanwhile Sudan's official news agency (Suna) acknowledged a rise in the prices of meat, fruit and vegetables in the capital's markets.

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