Central Bank Tightens Foreign Exchange And Customer Compliance Rules

Khartoum, August 12, 2026 - The Central Bank of Sudan restricted commercial banks' ability to buy export proceeds at their own declared exchange rates, tightening control over foreign currency operations as authorities seek to stabilize the national currency. Under the new rules, banks may use their own declared rates only for export operations they directly financed.

For import transactions and export proceeds not financed by the individual bank, commercial lenders must use the central bank's daily foreign exchange injection rate. The measure is part of a wider effort to streamline foreign exchange management in a wartime economy marked by hard-currency shortages, parallel-market pressure and high import costs.

In a separate circular, the central bank gave commercial banks until September 30 to update all customer account details, with the two-month window running from July 30. Accounts that are not updated by the deadline will be suspended and frozen. The regulator said the update is tied to anti-money laundering, counter-terrorism financing and proliferation-financing compliance.

Banks were also instructed to deploy monitoring systems capable of tracking account movements and detecting unusual activity at an early stage.