Currency Board of Sudan

Currency Board of Sudan

Securing Sudan's Currency. Anchoring Monetary Stability.

The Currency Board of Sudan (CBS) is the primary authority entrusted with issuing and safeguarding the Sudanese Pound. Operating under a strict rule-based monetary framework, the Board maintains full foreign reserve backing for every unit of currency in circulation, ensuring unconditional convertibility and unwavering public confidence. Through transparency, discipline, and institutional integrity, the Currency Board supports Sudan’s path toward macroeconomic stability, investor trust, and sustainable economic recovery.

About the Ministry

The Currency Board of Sudan is an independent monetary authority established to oversee the issuance and management of the national currency under a currency board arrangement. The Board operates through a legally mandated framework that ensures the Sudanese currency is fully backed by foreign exchange reserves and convertible at a fixed exchange rate.

The framework of the Currency Board is designed to promote monetary credibility, reduce inflationary pressures, stabilize exchange rates, and reinforce public trust in the financial system. Through prudent reserve management, transparent operations, and institutional discipline, the Board aims to support Sudan’s long-term economic recovery and integration into regional and international markets.

Mission

To issue and manage the Sudanese Pound with absolute monetary integrity, ensuring every note in circulation is fully backed by foreign reserves, freely convertible, and a reliable store of value for all Sudanese citizens and businesses.

Vision

A stable and trusted monetary system that supports sustainable economic growth, financial confidence, and national prosperity.

Mandate & Key Functions

Currency Issuance and Management

News & Media

Jobs

Job search, regulations, employment process, contracts and more

Visa and Emirates ID

Tourist visas, visit visas, entry permits, residency permits and Emirates ID

Education

Education system, schools, higher education, eLearning, scholarships

Moving to the Sudan

Health, education, jobs, visa, Emirates ID, transportation, finance and more

Business

Planning, starting, running and closing businesses on the mainland and in free zones

Justice, safety and the law

Justice system, community protection, human rights, cyber security and more

Publications & Reports

Exchange Rate and Monetary Performance Review

Currency in Circulation Statistical Bulletin

Foreign Reserve and Currency Coverage Report

Annual Monetary Stability Report

Financial Stability and Reserve Adequacy Assessment

Quarterly Operational and Governance Report

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Frequently Asked Questions (FAQs)

What is a Currency Board?

A Currency Board is a monetary authority that issues national currency fully backed by foreign reserve assets while maintaining a fixed exchange rate arrangement designed to ensure monetary stability and public confidence.

Unlike a conventional central bank, a Currency Board operates under strict rules that limit discretionary monetary policy and require full reserve backing for currency issuance.

Reserve backing ensures that the national currency maintains credibility, supports exchange rate stability, and strengthens public confidence in the monetary system.

The primary objectives are maintaining currency stability, ensuring reserve adequacy, supporting financial confidence, and promoting a stable monetary environment for economic growth and investment.

By maintaining monetary discipline, transparent reserve management, and exchange rate stability, the Currency Board helps reduce inflationary pressures and improve investor and market confidence.

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