Sudanese pound recovers slightly as central bank injects foreign currency, gold volatile

June 27, 2026 (KHARTOUM) – The Sudanese pound showed a slight recovery during Saturday’s trading sessions, driven by the Central Bank of Sudan’s continued injection of foreign currency to meet import demands, while gold prices resumed their upward trend after a brief morning dip.

The local currency and the precious metal have experienced significant fluctuations in recent weeks, directly affecting fuel and strategic commodity prices across the country.

Parallel market traders told Sudan Tribune on Saturday that the U.S. dollar was trading at 5,000 Sudanese pounds, down from 5,200 pounds at the end of last week. The UAE dirham also dropped, registering 1,370 pounds compared to 1,410 pounds on Thursday.

Meanwhile, gold market traders confirmed that the state-run gold refinery continues to set local prices higher than global market rates. Local prices briefly fell to 460,000 pounds per gram during morning trading before climbing back to 475,000 pounds, aligning with the refinery’s benchmark.

Traders noted that the international price of gold per gram is currently approximately 464,000 pounds, whereas the refinery set its price at 475,000 pounds.

Market sources suggested that the refinery’s policy of maintaining a higher price than both domestic parallel markets and global standards could help curb rampant gold smuggling across Sudan’s borders.

Technical estimates indicate that between 48% and 60% of Sudan’s gold production is smuggled out of the country through land borders or unmonitored airports and ports. Central Bank of Sudan data shows that gold accounted for more than 58% of the country’s total exports last year.