Sudan Events – Reports
Bank managers in states involved in the currency exchange process reported a notable increase in public turnout on the second day of exchanging the 500 and 1,000 Sudanese pound denominations.
Yasser Al-Jamari, the manager of the Savings Bank in Shendi locality, described the exchange process as satisfactory, noting that accounts were opened and others reactivated.
However, some citizens protested the withdrawal limit of 200,000 Sudanese pounds while being required to deposit their entire cash holdings. Muhammad Al-Muizz, for instance, expressed frustration, stating that his 250,000-pound salary required two separate visits to be fully withdrawn. He also lamented his inability to use banking apps due to poor telecommunications in his area.
The exchange process also revealed counterfeit currency, leading to legal complaints and inquiries into its owners. A bank employee noted that the extent of forgery remains low, attributing it to the lack of awareness among those receiving fake notes. “For example, among 500,000 pounds, only one or three notes of the 500 or 1,000-pound denominations were counterfeit,” he added.
In a related development, the Acting Governor of the Red Sea State visited the Central Bank of Sudan to monitor the currency exchange process. Operational and monitoring teams from the Central Bank toured commercial bank branches to address citizen concerns and evaluate deposits and account openings.
