Sudan Central Bank continues foreign currency injections to stabilize pound
June 30, 2026 (KHARTOUM) – The Central Bank of Sudan confirmed it continues to inject foreign currency into commercial banks to meet importers’ needs, a policy it said has successfully driven a noticeable decline in the exchange rate.
The central bank also reported significant progress in digital banking transfer services via the Basic Bank Account Number (BBAN) over the past 18 months.
The parallel market witnessed a slight decline in foreign currency prices during Monday’s trading, driven by the central bank’s continuous fulfilment of import financing requests. The U.S. dollar traded at around 5,000 Sudanese pounds compared to 5,100 pounds the previous day, while the UAE dirham reached 1,415 pounds, and the price of a gram of gold stabilized at 580,000 pounds.
Central Bank Governor Amna Mirghani Hassan El-Tom held a meeting on Monday with the general managers of operating banks at the central bank’s headquarters in Khartoum State, according to a statement from the bank. El-Tom briefed the officials on efforts to stabilize the foreign exchange market by injecting liquidity to meet importer demands.
The governor stressed the importance of enhancing cooperation and coordination between the central bank and commercial banks to achieve monetary policy goals. She noted that the interventions contributed to a noticeable decline in the exchange rate, adding that injection operations will continue until conditions normalize.
She also called on banks to submit their clients’ requests for foreign-currency import financing daily.
El-Tom revealed that the central bank is working to establish correspondent banking relations with Oman, Qatar, and Saudi Arabia to support trade exchange through the official banking system.
She renewed the central bank’s commitment to addressing challenges facing the banking sector, continuing periodic monitoring of the exchange market, and taking necessary measures to enhance stability. The success of monetary policies requires a high degree of harmony and coordination between the central bank and commercial banks, she added.
Abbas Abdullah Abbas, head of the Sudanese Banks Union, praised the central bank’s consultative approach and its role in supporting economic stability during the post-war phase. He said the continuous injection of foreign currency to meet importers’ needs clearly contributed to the stability of the exchange rate and its daily improvement.
Abbas also emphasized the importance of updating banking systems related to combating money laundering and terrorist financing, while several bank managers confirmed their full support for the central bank’s policies.
Separately, the Central Bank of Sudan announced that its subsidiary, the Electronic Banking Services Company, recorded significant growth in inter-account transfer services via the BBAN. The total number of executed transactions exceeded 234 million between 2025 and the first half of 2026.
A business progress report issued on June 25 showed that the number of transactions rose to 141,461,335 in the first half of 2026, up from 92,800,820 in 2025, representing growth of 52.44%. The bank said this indicator reflects the acceleration of digital transformation in the Sudanese banking sector.
The central bank noted that the BBAN service enables instant transfers between bank accounts using a unified account number, eliminating the need to visit branches or handle cash. This enhances financial inclusion and supports the transition toward a cashless economy.
The central bank confirmed it will continue to develop and expand the digital payment system to serve customers and support national digital transformation targets.