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Saudi Riyal Reaches Record High Against Sudanese Pound in Black Market on July 7, 2026
The exchange rate of the Saudi Riyal against the Sudanese Pound in the black market was around 1,436 pounds for selling and 1,383 pounds for buying, with its continued rise nearing historic highs amidst increasing demand for foreign currencies due to market disturbances. Additionally, the US Dollar has risen against the Sudanese Pound to approximately 5,400 pounds for selling and 5,200 pounds for buying, exerting further pressure on the country's local currency amid declining purchasing power. The Sudanese Central Bank announced the withdrawal of certain banknotes from circulation until the end of the month in an effort to regulate the market; however, this may further challenge citizens' livelihoods.
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