Sudan
Sudanese central bank weakens foreign exchange rate for banks
Official rates remain well above black market prices, local reports say
Ethiopia launches ‘first of its kind’ swap agreement with Sudan
Central banks to swap $16 million under new agreement designed to strengthen financial co-operation and ease Ethiopia’s foreign exchange pressures
Sudan names new central bank governor
Abdul-Rahman Hassan was appointed by president Omar al-Bashir last week; he previously served as director of a local bank, according to state news agency
Sudan Central Bank seeks to build gold refinery
Central Bank of Sudan asks for tenders to construct a gold refinery in the country
South Sudan replaces governor
Governor steps down and deputy takes over; no reason given
South Sudan currency exchange begins in earnest: images
Senior officials in South Sudan exchange Sudan pound for new South Sudan currency; central bank sets deadline for public to exchange old banknotes for new ones
South Sudan enacts central bank law
Bank of South Sudan becomes central bank; new currency to be floated in a ‘managed’ way
Sudan relinquishes control of financial system in the South
Measures to relinquish control of southern financial system following independence declaration of South State
Sudan’s Hassan quits
Bank of Sudan governor Sabir Mohamed Hassan steps down from helm of central bank after taking decision not to pursue fourth term in office
Southern Sudan should adopt currency board: IMF mission chief
Fund’s Sudan mission chief Edward Gemayel says simplicity of currency board system advantageous for soon-to-be country; South preparing to adopt new currency
Sudan bans some imports as forex shortage looms
Bank of Sudan bans imports of luxury items, goods with local substitutes, to conserve foreign currency; currency wobbles on secession, oil fears
Southern Sudan on the brink of collapse: deputy governor
Central Bank of Sudan deputy governor says Khartoum has starved south of foreign currency, leaving it two weeks shy of economic crisis; oil spat thought to be linked to independence referendum
Central Bank of Sudan - Annual Report 2007
The Sudanese economy expanded rapidly in 2007 but was hampered by high inflation, the country's central bank said in its Annual Report.
Bank of Sudan - Annual Report 2006
The Sudanese economy had a strong year in 2006 as growth increased from 8.1% in 2005 to 9.3% and the inflation rate dropped, falling from 8.4% to 7.2%.
Sudan to switch dollar reserves
The Bank of Sudan has said it is looking to replace its dollar reserves with euros and other currencies by the end of 2007 to lessen the impact of US sanctions.
Bank of Sudan's Hassan sees 2007 growth up
In an interview with Reuters on Wednesday 10 January, Sudan's central bank governor Sabir Mohamed Hassan said the currency's appreciation against the dollar was worrying and the central bank was considering taking measures to address it.
Bank of Sudan - Annual Report 2005
According to the Bank of Sudan's Annual Report 2005, in the Sudan, the economy recorded a decline in the growth rate.
Oman not ready for single currency
Oman has confirmed it will not be joining the GCC currency union by 2010. The move presents a big setback for the proposed Gulf single currency.
Bank of Sudan - Annual Report 2004
According to the Bank of Sudan's Annual Report 2004, the real GDP growth rate increased from 6.0% in 2003 to 7.2% in 2004, due to the increase in the growth rate of most sectors of the economy.
Bank of Sudan - Annual Report 2003
According to the Bank of Sudan's Annual Report 2003, the year saw a number of economic, financial and monetary developments both on the international and domestic levels.
Bank of Sudan - Annual Report 2000
ANNUAL REPORT - The Bank of Sudan has published its Annual Report for the year ended 2000.
Iraq, Sudan c banks sign cooperation agreement
IRAQ - Iraq and Sudan today signed a banking cooperation agreement. Central Bank Governor Dr Isam Rashid Huwaysh signed the agreement for Iraq, while Bank of Sudan Governor Dr Sabir Muhammad Hasan signed it for Sudan.
Sudan's c bank tightens banking sector control
SUDAN - According to Al-Quds Al-Arabi newspaper (11 March), the Sudanese Central Bank intends to tighten control and supervision over the local banking sector.
Sudan central bank governor outlines fiscal policy
Governor of the Bank of Sudan Dr Sabir Muhammad al-Hasan Saturday held a press conference in the presence of the commercial banks' directors at which he reviewed the monetary and financial policies for the year 2001.