Hammour: The Central Bank Deals Realistically.. Adopting Art of the Possible

Sudan Events – Rehab Abdullah

The Director General of the National Export Finance and Insurance Agency, affiliated with the former Bank of Sudan, Dr. Ahmed Babiker Hammour, said that the Central Bank’s recent decisions are primarily intended to limit and reduce monetary dealing, which is the trend of the whole world today. He suggested that, on the other hand, the banking sector may be facing a scarcity of cash. due to the conditions of war and looting. , These decisions are made to avoid the negative effects of the scarcity of liquidity.
He said in his speech to (Sudan Events) ) that raising the ceiling on transfers through applications serves the purpose, noting that raising the ceilings has a negative effect, but it is a different effect, and he called for making the right decision first, such as raising the ceilings because it is the basis of dealing, and then looking at the negatives.
Hammour said, “I believe that the Central Bank deals realistically according to specific data in accordance with the principle of the art of the possible, and we do not forget that the country is in a state of war in which the exception is the rule.”
Yesterday, the Central Bank issued a number of decisions to control the exchange rate, confirming that the incidents were unique, including reducing the volume of the daily “cash” withdrawal to only three million pounds, reducing the ceiling for daily withdrawals via automated teller machines ATM to fifty thousand pounds, and raising the transfer ceiling through banking applications, to reach 15 million pounds, Bankak” and others, so that those dealing in local trade would not be harmed. It also blocked the accounts of 200 people accused of currency trading, including 21 of the largest foreign exchange dealers.
As well as measures to restrict imports via export proceeds.