The exchange rate of US dollar against the Sudanese pound in the parallel market rose to 180 pound for the first time in Sudan’s history.
The price of the dollar has stabilized at a unified price of 55 pounds for purchase and 55.27 pounds for sale with most banks and money exchange companies operating in Sudan, and despite the authorities’
efforts to limit the spread of black market transactions; they are still unable to control the black market.
The huge dollar’s rise against the pound created frustration among traders, especially those working in spare parts trading, and most of them decided to stop importing for fear of further losses.
Dealers in the currency market revealed a great demand on the part of customers to buy foreign currency in general and the dollar in particular, whether through Sudanese banks or through the black
market, which was reflected in the exchange rate of the dollar in Sudan.
Sudan’s economy lost direct and indirect revenues estimated at about a trillion dollars, due to the spread of corruption during the period of the previous regime, in addition inclusion of Sudan in the list of countries sponsoring terrorism.