The Sudanese pound weakened to around 10,900 per US dollar on the parallel market, Al-Rakoba reported on Thursday, as war-driven shortages of foreign currency fuelled another rise in exchange rates.
The reported rate was 100 pounds above the previous selling high of 10,800, extending the currency’s losses and putting further pressure on households struggling to afford basic goods.
Al-Rakoba attributed the latest decline to strong demand for dollars and increased speculation in an increasingly volatile market.
The war has severely disrupted agricultural and industrial production, damaged infrastructure and banking services, and reduced official exports, squeezing Sudan’s sources of foreign currency.
Meanwhile, dependence on imports for food, medicine and fuel has sustained demand for dollars. The report said depleted central bank reserves had further widened the gap between foreign currency supply and demand.
The pound’s continued depreciation raises the local cost of imported essentials, eroding purchasing power and deepening a humanitarian crisis already compounded by disrupted livelihoods and production.
