The Central Bank of Sudan raised the price of the local currency yesterday to 45 pounds per dollar, compared to 47.5 pounds per dollar previously.

The Central Bank of Sudan explained that this measure comes in conjunction with the sharp drop in the dollar price in the parallel markets.

It is reported that an independent mechanism was created under the name of the Market Makers Mechanism last October and raised prices from 30 pounds to 47.5 pounds to attract export earnings and savings of expatriates working abroad. < / p>

With the first Arab reaction after al-Bashir was removed from Sudan and the army leadership temporarily assumed power, Saudi Arabia and the UAE announced yesterday that they had agreed to provide a common package of aid to Sudan.

The two countries mentioned that aid worth 3 billion dollars, including a deposit of 500 million dollars in the central bank, to reduce pressure on the Sudanese pound.

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