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Sudan to circulate new banknotes of 1000 pounds in July

The new banknotes in the category of (1000)pounds will enter into circulation in July, announced the Governor of Sudan, Hussein Jungul. Exceeding the total issued in the previous two years, the banking system issued about 47.7 billion pounds in 2018. But the lack of banknotes still continue. The Bank is keen to improve the management of Banknotes in supply and demand. The lack of banknotes is due to the abnormal increase in the movement of cash withdrawals. After extensive deliberation by MP’s, the report was referred to the relevant committee for further study and report.

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