KHARTOUM, Nov. 11 (AGCNewsNet) – Sudan’s central bank has introduced a new 1,000 Sudanese pound banknote, a move that has drawn sharp criticism from the Rapid Support Forces (RSF) and stoked fears of financial instability in areas under RSF control.

The central bank announced that the new note would be gradually circulated through banks, with older 1,000 and 500-pound denominations being phased out. Citizens are encouraged to deposit these notes into bank accounts and access their funds using alternative payment methods.

The bank cited the circulation of “large quantities of 1,000 and 500-pound notes of unknown origin” as the primary reason for the currency change, stating that this excess liquidity has disrupted price stability. Additionally, it pointed to the extensive looting of the central bank and the currency printing company by RSF forces as necessitating the measure.

However, this move has sparked widespread concern. Residents in RSF-controlled areas, where banks have been looted and are no longer operational, fear they will lose access to their savings held in these larger denominations.

An RSF spokesperson accused the central bank of harboring a “political agenda” and claimed the currency overhaul is a “preliminary step in a plan to divide Sudan and separate its regions.” The spokesperson called on citizens to defy the central bank’s directive, refusing to deposit money in banks or use the new currency.

“This decision lacks legal basis, especially given the widespread collapse of the banking system,” the RSF said in a statement.

Sudan’s conflict, which began in April, has further complicated the country’s economic and financial stability. Analysts say the currency overhaul underscores the deep divisions between the warring parties and raises questions about the central bank’s ability to address liquidity issues without exacerbating regional tensions.

“The timing of this decision amid ongoing conflict only heightens economic uncertainties,” said a financial analyst based in Khartoum.

The central bank has not responded to RSF’s allegations or clarified how it intends to address the concerns of citizens in conflict-affected regions.