Mandate & Key Functions

Currency Issuance and Management

• Issue and regulate Sudanese banknotes and coins in accordance with the Currency Board Law.
• Ensure all currency in circulation is fully backed by approved reserve assets.
• Maintain confidence in the national currency through prudent monetary discipline.
• Oversee currency design, printing, distribution, and anti-counterfeiting measures.

Reserve Asset Management

• Maintain adequate foreign exchange and reserve assets to support the fixed exchange framework.
• Manage reserve portfolios with a focus on liquidity, security, and stability.
• Ensure transparent reporting and auditing of reserve holdings.
• Safeguard national monetary assets against financial and market risks.

Exchange Rate Stability

• Maintain the fixed exchange rate arrangement established under the Currency Board framework.
• Guarantee convertibility between the Sudanese currency and designated reserve currencies.
• Support exchange rate predictability to facilitate trade, investment, and economic confidence.
• Monitor foreign exchange market developments and external monetary conditions.

Financial System Confidence

• Promote trust and stability in Sudan’s monetary and financial systems.
• Coordinate with financial institutions and payment system operators to ensure liquidity and operational continuity.
• Support the development of efficient payment and settlement systems.
• Contribute to financial sector resilience through institutional oversight and cooperation.

Monetary Governance and Compliance

• Operate independently under a rules-based legal and regulatory framework.
• Ensure compliance with reserve coverage and monetary discipline requirements.
• Publish periodic financial statements, reserve reports, and operational updates.
• Maintain strong governance, transparency, and accountability standards.

Research, Statistics, and Economic Monitoring

• Conduct economic and monetary research to support institutional planning and policy coordination.
• Monitor inflation, exchange rates, reserve adequacy, and macroeconomic indicators.
• Publish monetary statistics and analytical reports for public and institutional use.
• Support evidence-based decision-making through data and financial analysis.