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Central Bank of Sudan: 15th foreign exchange auction worth $50 million 

Khartoum, Dec. 7 (SUNA) – The activities of the 15th foreign exchange auction No. 7/2021 kicked off today at the premises of the Central Bank of Sudan, with a value of 50 million dollars.

 Some 16 banks participated in the auction and the applications received numbered 49 requests.

The number of applications that were allocated for reached 40 requests.

The highest exchange rate for allocations reached SDG449.65, and the lowest rate was SDG425.

It is worth noting that these auctions organized by the Central Bank of Sudan come in implementation of the policies of the bank regarding implementation of the flexible managed exchange rate policy and within the framework of the efforts made to stabilize the exchange rate of the national currency.

BT/BT

Source: SUNA

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