Sudanese central bank to introduce new banknotes

By Nazik Shammam

KHARTOUM (AA) – Sudan’s central bank on Thursday announced plans to introduce several new categories of banknote in February in hopes of easing an ongoing liquidity crisis.

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.