منتديات سودانيزاونلاين    مكتبة الفساد    ابحث    اخبار و بيانات    مواضيع توثيقية    منبر الشعبية    اراء حرة و مقالات   
News and Press Releases    اتصل بنا    Articles and Views    English Forum    ناس الزقازيق   

Home Search

Board Laws

Articles

Refresh

المنبر العام
Sudanese Videos

Archives

News in English

News in Arabic

Welcome Guest [Login]
Your last visit: 12-14-2024, 06:56 PM Home

News and Press ReleasesNew Central Bank of Sudan currency directive for expat remittances
Printable Version   Forward   Threaded View « Previous Topic | Next Topic »
Jump to newest reply in thread »

New Central Bank of Sudan currency directive for expat remittances

12-07-2017, 00:53 AM
Radio Dabanga
<aRadio Dabanga
Registered: 03-30-2014
Total Posts: 1745





New Central Bank of Sudan currency directive for expat remittances

    00:53 AM December, 06 2017

    Sudanese Online
    Radio Dabanga-Amsterdam NL
    My Library
    Short URL

    December 6 - 2017andnbsp;KHARTOUM
    File photo
    File photo

    The Central Bank of Sudan (CBoS) has instructed all banks in Sudan to hand over remittances by Sudanese expatriates abroad in the same currency as the transfer.

    In a circular on Tuesday the CBoS instructed all banks operating in the country “to receive and deliver remittances of expatriates through branches to be designated by the banks for the purpose of overcoming obstacles”.

    The CBoS says that it has “committed all banks to provide the best banking services to the Sudanese public working abroad”.

    Hard currency

    The current downward spiral of the Sudanese Pound (SDG) against hard currencies such as the US Dollar is exacerbated by a shortage of hard currency in the country. The US Dollar was trading at SDG 26 on the streets of Khartoum on Monday.

    Recent weeks have seen aandnbsp;clampdown onandnbsp;currency tradersandnbsp;on the parallel marketandnbsp;within Sudan, as well as abroad.

    Minister of Interior Hamid Manan reported his Ministry filed 37 complaints against foreign currency traders and dealers outside of Sudan. "They have conducted acts of sabotage of the national economy by dealing with foreign exchange, money laundering and financing terrorism", the press statement yesterday read.

    Presidential Committee

    The presidential committee which is tasked with controlling the Sudanese pound rate, held a third meeting to discuss the exchange rate control measures and the arrest warrants that have been issued against dealers and traders of currency outside Sudan. More information will be announced after their arrest, Manan said.

    In addition the Central Bank of Sudan has been directed to seize their accounts. If the suspects do not appear in Sudan, Manan claimed that they will be arrested by Interpol (the International Criminal Police Organisation) in accordance with international cooperation to hand over fugitives and wanted criminals.

    In November, a number of currency traders fled abroad, specifically to Ethiopia and the Gulf countries, to avoid arrest in Sudan. Following an unprecedented drop of the Sudanese pound value, presidential directives raised the penalty for trading in currency to 10-years’ imprisonment from three years, and the confiscation of money. The new charges of ‘sabotaging of the national economy, money laundering and financing terrorism’ are punishable by death or life imprisonment.

                  

Arabic Forum

[Post A Reply] Page 1 of 1:   <<  1  >>

Comments of SudaneseOnline.com readers on that topic:

New Central Bank of Sudan currency directive for expat remittances
at FaceBook
Report any abusive and or inappropriate material



Articles and Views
اراء حرة و مقالات
News and Press Releases
اخبار و بيانات
اخر المواضيع فى المنبر العام
Latest Posts in English Forum



فيس بوك جوجل بلس تويتر انستقرام يوتيوب بنتيريست Google News
الرسائل والمقالات و الآراء المنشورة في المنتدى بأسماء أصحابها أو بأسماء مستعارة لا تمثل بالضرورة الرأي الرسمي لصاحب الموقع أو سودانيز اون لاين بل تمثل وجهة نظر كاتبها
لا يمكنك نقل أو اقتباس اى مواد أعلامية من هذا الموقع الا بعد الحصول على اذن من الادارة
About Us
Contact Us
About Sudanese Online
اخبار و بيانات
اراء حرة و مقالات
صور سودانيزاونلاين
فيديوهات سودانيزاونلاين
ويكيبيديا سودانيز اون لاين
منتديات سودانيزاونلاين
News and Press Releases
Articles and Views
SudaneseOnline Images
Sudanese Online Videos
Sudanese Online Wikipedia
Sudanese Online Forums
If you're looking to submit News,Video,a Press Release or or Article please feel free to send it to [email protected]

© 2014 SudaneseOnline.com


Software Version 1.3.0 © 2N-com.de