Egyptian Pound Falls to SDG 74.2 Amid Ongoing Regional Currency Volatility

Reliable banking sources have reported a new decline in the Egyptian pound against the Sudanese pound on Sunday, with the exchange rate falling to SDG 74.2 compared to SDG 74.5 yesterday, amid persistent uncertainty in regional currency markets.

According to information obtained by Al-Rai Al-Sudani, the depreciation is part of a broader wave of currency fluctuations sweeping through foreign exchange markets in the region, driven by liquidity changes and shifting demand across both the official and parallel markets.

Market sources noted that traders are closely monitoring the Egyptian pound’s movements in the coming days, particularly as speculation increases and investors shift toward gold and hard currencies as safer investment options.

Economists believe that the continuing downward trajectory of the Egyptian pound could reshape trade and remittance flows between Cairo and Khartoum, as central banks in both countries intensify market surveillance to prevent volatility and currency instability.

The trend reflects growing regional pressure on emerging market currencies, with analysts warning that further depreciation could impact cross-border trade and investment sentiment if monetary interventions fail to restore balance.