In the Name of Allah, the Most Gracious, the Most Merciful
Governor of the Central Bank of Sudan Meets with Bank General Managers and Emphasizes the Importance of Coordination for Exchange Rate Stability
Ms. Amna Mirghani Hassan Al-Tom, Governor of the Central Bank of Sudan, met this afternoon at the headquarters of the Central Bank in Khartoum State with the general managers of banks operating in the country.
The Governor provided a comprehensive briefing on the Central Bank's efforts to achieve exchange rate stability by providing foreign currency to banks to meet the needs of importers. She emphasized the importance of cooperation and coordination between the Central Bank and commercial banks in achieving the objectives of monetary policy.
The meeting comes as part of efforts to strengthen and activate the Central Bank's policy aimed at achieving exchange rate stability. The Governor noted that the Central Bank's intervention and implementation of its policies had led to a noticeable decline in the exchange rate, emphasizing that foreign currency injections would continue until conditions return to normal. She called on banks to submit their customers' foreign currency financing requests for imports on a daily basis.
The Governor also noted that efforts were underway to establish correspondent banking relationships with the Sultanate of Oman, the State of Qatar, and the Kingdom of Saudi Arabia. This would contribute to facilitating and strengthening trade between these countries through the official banking system.
The Governor emphasized that the success of the policies adopted by the Central Bank of Sudan requires a high degree of alignment and coordination between the Central Bank and commercial banks. She stressed the importance of acting responsibly and working with professionalism and transparency to ensure the effectiveness of monetary policies and the achievement of their objectives.
She also highlighted the Central Bank's commitment to addressing all challenges facing the banking sector, while continuing to regularly monitor exchange rate movements, assess their impact, and take the necessary measures to enhance exchange rate stability. The meeting also addressed a number of other issues related to the operations of the Central Bank and commercial banks.
For his part, Mr. Abbas Abdullah, Chairman of the Sudanese Banks Union, praised the Central Bank's consultative approach and the significant role it has played in supporting stability during the post-war period. He also commended the Central Bank's efforts to regulate the foreign exchange market.
He further emphasized the importance of updating banks' systems related to combating money laundering and terrorist financing. He noted that the Central Bank's continued provision of foreign currency to meet importers' needs had contributed significantly to exchange rate stability, which has been improving and declining on a daily basis.
At the conclusion of the meeting, a number of bank managers acknowledged the positive impact of the foreign currency injections and affirmed their full support for the efforts of the Central Bank of Sudan, contributing to economic stability and helping the country move toward greater security and stability.
Corporate Communications Department
June 29, 2026
