ijra — Live news map of the Middle East, Sudan and Pakistan

Central Bank of Sudan resumes electronic clearing throughout the week with no limits

Sudan ·

The Central Bank of Sudan announced that electronic clearing between banks will operate every day of the week, with no caps on cheque values. The step aims to improve the efficiency of payment systems, ease settlement between banks, support financial stability and reduce reliance on direct cash transactions.

The Central Bank of Sudan oversees the country's banking sector, and Sudan's economy has been under strain since the armed conflict that began in April 2023.

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