World, Middle East
Sudanese central bank to introduce new banknotes
Move is aimed at easing country’s ongoing liquidity crisis, officials say
Mahmoud Barakat |
17.01.2019 - Update : 17.01.2019
Sudan
By Nazik Shammam
KHARTOUM
Sudan’s central bank on Thursday announced plans to introduce several new categories of
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.
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.
