Sudan Central Bank removes six currency notes

The Central Bank of Sudan has announced the withdrawal of six banknotes from circulation, namely the one, two, five, ten, twenty, and fifty Sudanese pounds. This move is part of a currency reorganization over the course of three months, during which these notes can only be exchanged through bank accounts. This measure comes amid the deteriorating value of the Sudanese pound, with the exchange rate for the dollar in the black market exceeding 5,000 pounds. The economic and humanitarian crisis intensified following the outbreak of war in April 2023. Additionally, parts of the Darfur region have been controlled by the Rapid Support Forces, which have issued a newly printed currency in the areas they control, amid growing economic and institutional divisions.

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