The Impact of Exchange Rates’ Fluctuations on Financial Performance of Commercial Banks in Sudan: Field Study on Al Jazeera Sudanese Jordanian Bank
A. The problem of the study represented in the fact that, Sudanese commercial Banks faces many challenges as a result of continuous exchange rates’ fluctuations due to recent economic conditions in Sudan. The study aimed to clarify the reasons of foreign currencies’ exchange rates fluctuations in Sudanese commercial Banks, to study the impact of exchange rates’ fluctuations on financial performance of Sudanese commercial Banks. The study found several results, among which is that, Nominal exchange rate fluctuation according to the exchange market impacts the financial performance of commercial banks, the fluctuation of the real exchange rate according to inflation rates impacts the financial performance of commercial banks in Sudan. Keywords - Exchange Rates’ Fluctuations, Banks’ Financial Performance.