Governor of the Central Bank of Sudan (CBOS), Amna Mirghani Hassan Al-Tom, met with the General Managers of banks operating in the country and briefed them on the Bank's efforts to stabilize the exchange rate through foreign currency injections to meet importers' financing requirements.

The Governor reaffirmed that the Central Bank would continue supplying foreign currency until market conditions return to normal. She urged commercial banks to submit their clients' foreign currency financing requests on a daily basis, noting that the Bank's policy measures have contributed to a decline in the exchange rate and improved market stability.

She also announced plans to establish correspondent banking relationships with the Sultanate of Oman, the State of Qatar, and the Kingdom of Saudi Arabia to facilitate trade transactions through Sudan's formal banking system.

Representatives of the commercial banks and the Sudanese Banks Union commended the Central Bank's efforts to stabilize the foreign exchange market and reaffirmed their support for policies aimed at strengthening economic stability.

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