June 30, 2026 (KHARTOUM) – According to government sources, Sudan's central bank has provided 400 million UAE dirhams to commercial banks on Tuesday in order to address import needs and support stability in the fluctuating foreign exchange market.
The domestic currency has experienced severe devaluation compared to the dollar and other international currencies over the past few weeks, leading to extraordinary increases in prices of essential items and services throughout the nation.
The financial consequences led Prime Minister Kamel Idris to convene a larger governmental session in Khartoum to examine foreign exchange regulations, actions targeting unlicensed money exchanges, and efforts to combat illegal gold trafficking.
Amna Mirghani, head of the Central Bank of Sudan, stated that the organization started introducing foreign exchange into the financial sector on June 23, allocating 400 million dirhams to support genuine import activities.
Mirghani mentioned that the intervention succeeded in reducing the dirham's exchange rate to 1,200 Sudanese pounds in certain official bank dealings on Tuesday, describing it as a significant change that fulfilled the basic financial requirements of importers.
The leader called on commercial banks to fully follow financial rules, submit all import documents via the "Baladna" digital system, and meet the trade department's standards to stop illegal transfer of funds.
Even with the central bank's involvement, parallel market dealers reported that currency exchange rates and gold costs stayed mostly unchanged on the unofficial market on Tuesday. The parallel market set the UAE dirham at 1,417 pounds, the U.S. dollar at 5,100 pounds, and a single gram of gold at 580,000 pounds.
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