Entities banned from storing more than 5 mln Sudanese pounds - presidency

Sudan's President Omar al-Bashir banned hoarding of the Sudanese pound and "speculation" on the currency, a presidency statement said on Thursday. Individuals are not allowed to store more than 1 million Sudanese pounds ($21,000) outside the banking system, the statement said. Entities are banned from storing more than 5 million Sudanese pounds, and are not allowed to store amounts "that are not commensurate with the scale of its activity". ($1 = 47.4500 Sudanese pounds)