Sudan financial news.

Rapid deterioration of the dollar is approaching five thousand Sudanese pounds ..
Khartoum: Awad Abdel-Raouf

Samir Ahmed Qassem, chairman of Chamber of Importers of the Federation of Chambers of Commerce, said the series rise of the dollar in the parallel market has damaged much of the importers in the domestic markets, and pointed to the affected citizen in the first place as a result of this increase repeated due to high prices internally, and student Samir need to develop treatments urgent to reduce the Dollar rises on the market Almozaa because of the negative repercussions on the overall economic situation in the country, which leads to high rates of inflation and the increase of stagflation, and called for the urgent need to find treatments and reduce the rise of the dollar in the parallel market.

Prices jumped dollar the middle of this week, largely to close its price in the market parallel to (5) pounds, after it was (4) pounds and (80) pounds, and jumped the euro in the parallel market to (6) pounds, and saw the price of the Saudi riyal rose slightly compared to last week, for a price of £ rial and (20) pounds, and noted a number of owners of ATMs that the volume of demand for the dollar declined in the last period after reducing the amounts granted for travelers to Egypt, Ethiopia and Eritrea.
Prices began to rise some currencies in the parallel market against the Sudanese pound since the beginning of this month, after the dollar that has stability with the end of last year in the official and parallel markets, prices began to climb gradually since the beginning of this year. After the exchange rate was stable within the limits of (4.4) pounds started to creep up by statements from dealers in the markets the official and parallel, and who said the price in the parallel market was in the last week within the limits of (4) pounds and (65) pounds, and the Saudi riyal at the border pounds and (17) pounds compared to a pound and (15) pounds at the beginning of this year and (4.4) pounds to the dollar in the same period.
Traders said that the pound started to fall against foreign currencies in the last period. And demanded that the Central Bank should intervene to stop the rise of the dollar in the parallel market, and they attributed the recent increase in prices increased the demand for the dollar with a shortage in supply.
The source said one of the exchanges, the dollar began to rise gradually in the parallel market, which reflected negatively on the exchanges, especially after the transformation of many of them to deal with the parallel market. He said in his speech (public opinion) to that after the decision to reduce the amounts granted to travelers to some countries, as well as the price of the dollar in the parallel market have led to a decline in work greatly to the performance of the exchanges in recent days, and said the processors this is dependent on the pumping of large quantities of dollars through official channels to stop the gradual rise of the dollar.
The source added to the price of the dollar in the parallel market to (4) pounds and (80) pounds, and jumped in the market price of the euro parallel to (6) pounds, and warned the source of the effect of the parallel market for many sectors, including ATMs.

Public opinion