Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, July 7
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Shortages in basic commodities, prices hike exacerbate living conditions for Sudanese-Xinhua
    Commodities

    Shortages in basic commodities, prices hike exacerbate living conditions for Sudanese-Xinhua

    July 30, 20243 Mins Read


    This photo taken with a mobile phone on April 22, 2024 shows a volunteer preparing free meal for displaced people at a charity restaurant in Karari neighborhood of Omdurman city, northwest of the Sudanese capital Khartoum. (Photo by Mohamed Khidir/Xinhua)

    KHARTOUM, July 30 (Xinhua) — Prices hike and scarcity of basic commodities across Sudan have exacerbated the living conditions of citizens already grappling with the repercussions of an ongoing civil war in the country.

    In Omdurman city, north of the capital Khartoum, the prices of basic commodities witnessed a significant rise.

    “During the recent period, prices have increased by nearly 35 percent,” Hamdan Abdullah, a merchant at a market in the city’s Karari locality, told Xinhua.

    Omer Idris, a resident from a south Khartoum neighborhood, said essential items such as rice, flour, meat, and milk are often unavailable due to high prices.

    This photo taken by a mobile phone on June 24, 2024 shows Sudanese volunteer women cooking Kisra, a sorghum bread, for displaced families in Omdurman city, Sudan. (Photo by Mohamed Khidir/Xinhua)

    In Al-Manaqil city in Gezira State in central Sudan, the flow of necessary commodities to the city has stopped due to the security situation, fuel shortage, and the heavy rains, according to Mohamed Mekki Ibrahim, a resident of the city.

    Most of western Sudan areas, including Darfur and Kordofan States, have also been suffering from shortages in basic commodities and prices hike.

    Hawa Ishaq, a resident of the Dalang city in South Kordofan state, said, the prices have doubled, where a bag of maize now costs 300,000 Sudanese pounds.

    According to the Bank of Khartoum’s daily exchange rates of foreign currencies, the exchange rate of one dollar was 1,885 Sudanese pounds on Monday.

    “People here eat tree leaves. We are trapped as the roads are closed, and we do not have any source of income. The city is lifeless,” she told Xinhua.

    Similarly, the markets in Nyala, the capital city of South Darfur state, are also witnessing an unprecedented rise in commodity prices, where Yaqoub Adam, a merchant in the city, told Xinhua that the price of a bag of millet has jumped from 145,000 pounds to 190,000 pounds.

    The World Food Programme has warned that the ongoing war in Sudan between the Sudanese Armed Forces and the paramilitary Rapid Support Forces “risks triggering the world’s largest hunger crisis.”

    This photo taken on April 18, 2023 shows a street view after armed conflicts in Khartoum, Sudan. (Photo by Mohamed Khidir/Xinhua)

    Sudan’s inflation rate reached 136.67 percent in the first half of 2024, the country’s Central Bureau of Statistics said in a press release on Monday.

    Coinciding with the release on inflation rates on Monday, the Sudanese pound continued to decline against foreign currencies.

    According to the Bank of Khartoum’s daily exchange rates of foreign currencies, the exchange rate of one dollar was 1,885 Sudanese pounds, the Euro was 2,009 pounds, the Saudi riyal was 508 pounds, and the UAE dirham was 519 pounds.

    However, in the parallel market, the exchange rate of one dollar registered 2,700 Sudanese pounds, the Euro 2,935 pounds, the Saudi riyal 720 pounds, and the UAE dirham 736 pounds.  ■



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap
    Next Article Canadian real estate, utility sectors ride rate cuts to market-beating gains

    Related Posts

    Commodities

    Multi Commodities Exchange to launch electricity futures on July 10

    July 4, 2025
    Commodities

    CAD holds gains through upper 1.35s – Scotiabank

    July 3, 2025
    Commodities

    Indonesia Eases Import Rules for 10 Key Commodities

    July 3, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    Dolby Laboratories CEO Kevin Yeaman sells shares worth $2.11 million By Investing.com

    October 17, 2024
    Bitcoin

    Bitcoin Rallies après que Trump ait arrêté le tarif – les marchés du crypto encouragent le mouvement

    April 10, 2025
    Bitcoin

    Le gouvernement américain pour finaliser le bitcoin stash audit ce samedi – que XRP, ADA, fasse partie du stock de crypto sera clarifié bientôt

    April 1, 2025
    What's Hot

    Strategy acquiert 3 459 Bitcoin pour 285,8 millions de dollars, les avoirs totaux s’élèvent désormais à 531 644 BTC

    April 14, 2025

    Le président de la Banque nationale suisse rejette le bitcoin comme réserve monétaire

    April 25, 2025

    Wall Street rises toward records as banks rally and Tesla tumbles

    October 11, 2024
    Most Popular

    Bitcoin to retest ATH this year if US avoids recession, Grayscale forecasts

    August 9, 2024

    Happy World Property Ltd : Ratios de Valorisations, Prévisions des analystes

    July 4, 2025

    the week ahead in macro — Capital Brief

    July 21, 2024
    Editor's Picks

    Worst day of 2025 « Euro Weekly News

    March 11, 2025

    Over 70% of Ghana’s export earnings still from primary commodities since independence – Prof Bokpin

    June 25, 2025

    6th house in 4 years collapses into Atlantic Ocean along North Carolina’s Outer Banks

    May 29, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.