Central Bank of Sudan announces currency change and new decisions. Here are the details.
Based on the powers and powers of the Central Bank of Sudan stipulated in its 2002 law, and within the framework of the bank's responsibilities to protect the national currency, stabilize its exchange rate, contribute to achieving economic stability and to address the negative effects of the ongoing war in the country, particularly the widespread looting carried out by rebel militias of the headquarters of the Central Bank of Sudan and the Sudan Money Printing Company in Khartoum, and the dissemination of large quantities of currencies of unknown origin and which resulted. not compliant with the technical specifications of both categories. One thousand pounds and five hundred pounds, which led to a sharp increase in the level of cash liquidity and had a negative impact on the stability of the general price level.
Based on the above, and in accordance with the powers of the Governor of the Central Bank of Sudan under the provisions of Article
6/A and section 1/25 of the Central Bank of Sudan Act 2002. The Central Bank of Sudan hereby announces to the entire public that the following has been decided:
1. A new thousand pound note will be launched in the coming period with the specifications, colors and insurance markings accompanying this announcement.
2. Commercial banks and their branches will continue to receive foreign currency from citizens in denominations of one thousand and five hundred pounds, supply and maintain them in their accounts and allow them to use their balances by various means of payment.
3. Commercial banks will facilitate the process of opening accounts for citizens who do not have bank accounts to enable them to provide the foreign currency they have in denominations of one thousand pounds, five hundred pounds and other denominations for benefit from banking services, including electronic ones. payment services.
4.*The Central Bank of Sudan will subsequently announce the date on which it will cease processing the current thousand pound and five hundred pound issues and consider them as default-free currency.*
*Central Bank of Sudan Media*
*November 9, 2024 AD*
*Clear specifications and assurance marks for the new thousand pound denomination:*
*This category carries the following specifications and insurance marks:*
– Paper dimensions: 158*70 mm.
– Content of the paper: Ports and gold.
– Basic colors of the leaf: yellow and green shades.
– Watermark: complete Jedian falcon and the number 1000.
The basic interface includes: the port, a grain silo, gold bars and the number 1000 at the top left and bottom right.
– Edition date: June 2024.
– Embossed printing: on the silo and the ship, the phrases (Central Bank of Sudan) and (one thousand Sudanese pounds), the lower and upper denomination numbers, and the blind man's sign at both ends of the paper.
– The serial number of the paper: located at the top right and bottom left.
– Rear facade: includes the building of the Central Bank of Sudan.
– The insurance strip: on the front, it is bright and visually moving.
– Identical isotopes: gold bars.
*There are other insurance signs that change color and shape when tilted*
