Sudanese central bank changes currency regime

Central Bank of Sudan
The Central Bank of Sudan

Sudan’s central bank has abandoned the country’s fixed currency regime, after years in which observers said official currency values were greatly inflated.

The central bank confirmed in a statement in Arabic on February 21 that it would unify the official and unofficial exchange rates. It said the measure was taken to tackle “structural imbalances” in the economy.

Central bank governor Mohamed al-Fatih Zainelabidine said the central bank would set a daily indicative rate for the Sudanese pound

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.