Sudan Cabinet Council: Anticipates Key Economic Decisions to Stabilize Economy

• Sudan's local currency experienced a relative improvement against foreign currencies on Thursday, September 17, 2026.
• This currency appreciation led to a slight decline in prices for some essential goods and a drop in gold prices.
• The Cabinet Council held an emergency session in Khartoum, chaired by Kamel Idris, to discuss urgent economic issues and citizen suffering.
• The government announced plans to issue important decisions in the coming days to alleviate living hardships.
• Market traders attributed the foreign currency price drops to decreased demand during Thursday's trading, with the US dollar falling to 7600 pounds from 8800-9000 pounds on Wednesday.

The government has signaled its intent to introduce significant measures in the coming days aimed at easing the burden of living costs on its citizens.

Sudan's local currency experienced a notable upturn against a basket of international currencies at the close of trading on Thursday, September 17, 2026. This positive shift in the exchange rate was accompanied by a modest reduction in the prices of certain essential commodities and a decrease in gold prices, offering a glimmer of relief amidst recent economic challenges.

This relative improvement follows a period of unprecedented depreciation for the Sudanese pound in recent days. The severe weakening of the national currency had previously triggered widespread inflation, causing the cost of most goods and services to surge dramatically. The economic instability had become so pronounced that it led to a halt in sales activities across numerous stores and markets nationwide, reflecting significant public hardship.

In response to the pressing economic situation, the Sudan Cabinet Council convened an emergency session in Khartoum on Thursday evening. The meeting, which focused on urgent economic issues and strategies to alleviate citizen suffering, was chaired by Kamel Idris and saw the attendance of all government ministers, alongside members of the National Committee for Economic Management.

The government has signaled its intent to introduce significant measures in the coming days aimed at easing the burden of living costs on its citizens. According to statements from the Council's media office, further meetings are anticipated, leading to the announcement of crucial decisions designed to serve the national interest and stabilize the economy. These anticipated Sudan Cabinet Council economic decisions are expected to address the root causes of the recent currency depreciation and commodity price hikes.

Market traders reported a significant decrease in demand for foreign currencies during Thursday's trading, which directly contributed to the Sudanese pound's improved valuation. The selling price of the US dollar, for instance, registered approximately 7600 Sudanese pounds, a substantial improvement from the 8800 to 9000 pounds recorded just the day before, on Wednesday.

Other foreign currencies also saw their values decline against the pound. The UAE Dirham's selling price dropped to 2120 pounds from 2300 pounds on Wednesday. Similarly, the Saudi Riyal was valued at 2045 pounds, the Euro at 8485 pounds, the Egyptian Pound at 149 pounds, and the Qatari Riyal at 2100 pounds. Traders largely attributed this widespread fall in foreign currency prices to the reduced demand observed on Thursday compared to preceding days.

Source: Original reporting via Sudan Tribune