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Sudanese central bank to introduce new banknotes

January 17, 2019 at 9:01 pm

Sudanese bank bills on 20 December 2017 [Alex Huguet/AFP/Getty Images]

Sudan’s central bank on Thursday announced plans to introduce several new categories of banknotes in February in hopes of easing an ongoing liquidity crisis.

In a statement, bank head Mohamed Khair al-Zubayr said that new 100-Sudanese-pound banknotes (roughly equivalent to $2.10) would be made available early next month.

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Over the course of the next two months, he added, 200- and 500-pound banknotes would also be made available.

According to al-Zubayr, the move is aimed at remedying the country’s ongoing shortage of local currency.

Protests in Sudan – Cartoon [Sabaaneh/MiddleEastMonitor]