Sudanese central bank increases liquidity supply as signs of crisis grow

Central Bank of Sudan
The Central Bank of Sudan

Sudan’s central bank has liberalised the country’s foreign exchange regime and started printing larger-denomination banknotes amid signs of a growing economic crisis.

The Central Bank of Sudan’s recently appointed governor Mohammed Al-Zubair announced on October 13 that it would increase supply of local currency to banks to allow them to buy foreign currency. Al-Zubair told local bankers there would be a large increase in the supply of Sudanese pounds, the official Sudanese news agency Suna

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