Sudan’s central bank said on Saturday it would begin circulating a new currency this month after South Sudan said it planned to create a currency of its own. South Sudan, which declared independence on July 9 under a 2005 peace deal that ended decades of civil war, said on Monday it would begin circulating its previously announced South Sudan pound in the coming week, pegging it one-to-one with Sudan’s existing pound .
Sudanese Central Bank Governor Mohamed Kheir al-Zubeir, asked when the north’s new currency would go into circulation, told reporters in Khartoum, “Before the end of this month.”