Changing the currency reduces the power of the rebels 💥💥 Changing the currency helps stabilize the country's exchange rate and reduce inflation rates
Congratulations Abdallah… Elham Habib
The war imposed on Sudan in 2023 has seriously affected the economy and banking system, prompting consideration of currency replacement as one of the necessary measures. This war imposed major challenges on Sudanese banks, led to the deterioration of the value of the national currency, increased inflation and disruption of financial operations. In this context, currency replacement can be seen as a strategic step to deal with the financial and economic crises resulting from the war.
In this context,
Mr. Ibrahim Mahmoud Lili, Director of National Bank of Omdurman, Shendi Branch, informed us during his interview with Shendi Electronic News and Events newspaper.
In the recent period, the currency has been the victim of looting and counterfeiting following the cursed war that was imposed on the country, where the Central Bank and all operating banks were looted, thus contributing to increasing the power of the rebels.
He stressed that the replacement of currency is considered a positive turning point in the central system, because the renewal procedures are linked to the opening of bank accounts, which strengthens financial inclusion, the diffusion of banking services and the development of electronic payment tools.
It also encourages banks to develop their services and expand the circle of transfers with banks.
Professor Ibrahim said the carried interest linked to currency replacement represents the control of the central bank and other banks over the money supply, which helps reduce inflation rates.
Show those who cooperate with the militias by transferring huge sums of money to certain accounts, which requires a security effort accompanying banking work.
Announcement of the arrival of thousands of pounds at the Bank of Sudan in Atbara.
Follow us
