June 25, 2026 (KHARTOUM) – On Thursday, the Sudanese pound continued its decline against foreign currencies, following a short-lived rebound, closing late trading at 5,200 pounds per U.S. dollar, as the central bank’s purchase of gold affected the foreign exchange market.
The local currency saw an early rise during morning trading after the Central Bank of Sudan injected foreign currency into commercial banks to meet import needs, according to parallel market traders who informed Sudan Tribune.
The central bank’s action caused the dollar to drop to 4,800 pounds from earlier lows, while the UAE dirham declined to 1,370 pounds.
Nevertheless, the profits were lost following the Sudan Gold Refinery Company, which determines purchase prices for the central bank and state enterprises, declared a buying rate of 586 pounds per gram of unprocessed gold.
Sources in the gold sector stated that the government-set price was considerably higher than current market rates, which had fallen to 540 pounds per gram following the currency’s early morning rebound and a decline in global gold prices from $4,130 to $3,980 per ounce.
Provided by SyndiGate Media Inc. (Syndigate.info).
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