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A Sudanese advisor expects the official and parallel dollar prices to match within weeks
- Time: 04/28/2023 13:36:37
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{Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected that the official dollar exchange rates and the parallel market would match within weeks.
"We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match."
He added, "The matching of the parallel exchange rate to the official exchange rate depends on the extent of disclosure of the licensed banks to the electronic compliance platform, by giving the correct information and adhering to the controls and transfers in a greater way, which helps to match the official parallel price."
He pointed out that "there is a high degree of adaptation in foreign transfers, which represent 80% of the demand for the dollar, and at the same time, checking the data has become easier."
It is noteworthy that the exchange rate of the dollar in the parallel market (local stock exchanges) recorded a noticeable decrease in the past days, and yesterday it reached 1410 dinars to the dollar.
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https://alforatnews.iq/news/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D9%84%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D8%AA%D9%88%D9%82%D8%B9-%D8%AA%D8%B7%D8%A7%D8%A8%D9%82-%D8%B3%D8%B9%D8%B1%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%8A-%D9%88%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%8A-%D9%81%D9%8A-%D8%BA%D8%B6%D9%88%D9%86-%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9
[size]{Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected that the official dollar exchange rates and the parallel market would match within weeks.
"We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match."
He added, "The matching of the parallel exchange rate to the official exchange rate depends on the extent of disclosure of the licensed banks to the electronic compliance platform, by giving the correct information and adhering to the controls and transfers in a greater way, which helps to match the official parallel price."
He pointed out that "there is a high degree of adaptation in foreign transfers, which represent 80% of the demand for the dollar, and at the same time, checking the data has become easier."
It is noteworthy that the exchange rate of the dollar in the parallel market (local stock exchanges) recorded a noticeable decrease in the past days, and yesterday it reached 1410 dinars to the dollar.
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