Conflict casts doubt on viability of Sudan’s new banknotes
Concerns over regime’s stability may undermine its efforts to swap out old currency, says analyst
Citizens in Sudan are still unsure about which currency to hold as the government swaps old banknotes for new ones.
Reuters reported on January 10 that citizens were being asked to deposit the old notes in banks in exchange for the new ones. This policy, which the central bank announced in November, was an effort by the Sudanese Armed Forces (SAF) to make the old banknotes worthless.
The rebel Rapid Support Forces (RSF) are working to overthrow the internationally recognised government and install
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com