Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, March 27
    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
    Commodities

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

    July 30, 20243 Mins Read


    Khartoum, July 30 (IANS) 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.

    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, Xinhua news agency reported.

    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.”

    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.

    –IANS

    as/



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHouse prices – Forbes Advisor UK
    Next Article Sókn Engineering Is Driving Commodity Returns with Quantum Quantitative Models

    Related Posts

    Commodities

    Commodities as a Portfolio Hedge: A Beginner’s Guide

    March 25, 2026
    Commodities

    Why The Next Billion-Dollar Startup Will Be Built Around Commodities

    March 23, 2026
    Commodities

    RWA Tokenization Hits $23.6B as Funds, Commodities, and Equities Move On-Chain

    March 11, 2026
    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
    Stock Market

    Dow jumps 580 points, S&P 500, Nasdaq have best day since May as Wall Street bounces back

    August 4, 2025
    Property

    LondonMetric sells non-core assets in £40m UK property sale | News

    July 11, 2024
    Property

    HSBC first-half profit slumps 26% as China losses mount

    July 30, 2025
    What's Hot

    Bitcoin challenged by recession amid global economic turmoil

    March 19, 2026

    Bitcoin Realized Price Signals Fragile Market Structure as 92% of Short-Term Holders Sit at a Loss

    March 26, 2026

    Il veut racheter la décharge où il aurait perdu son disque dur contenant… 740 millions d’euros en bitcoin

    February 12, 2025
    Most Popular

    Stock Market LIVE Updates: GIFT Nifty hints a muted start; US, Asian markets gain

    December 2, 2025

    Dr. Copper Meets Bitcoin As Metals And Crypto Move Together

    February 2, 2026

    Supply of commodities to be ensured within a week: Adviser Bashir

    February 28, 2025
    Editor's Picks

    IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund

    October 6, 2025

    Peter Schiff Calls Bitcoin “Complete Waste of Capital” as Reserve Currency Debate Intensifies

    January 27, 2026

    PQS Holdings director Kelly Loeffler buys $3.25 million in stock By Investing.com

    October 29, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

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