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International Business Times
International Business Times
Business

FOUND: Sudan political banknote switch causes cash crunch - What They Never Told You

Sudanese call on the army-backed government to extend the deadline to exchange banknotes (Credit: AFP)

Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its paramilitary rivals but causing long queues at banks, disrupting trade and entrenching division.

In a country already grappling with war and famine, the swap replaced 500 and 1,000 Sudanese pound banknotes (worth around $0.25 and $0.50 respectively) with new ones in seven states.

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