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South Africa: Liberalisation of exchange controls

Description

On 27 October 2009, the South African Reserve Bank issued Exchange Control Circular No. 13/2009 that liberalised exchange controls. The circular proposes reforms to reduce red tape by, among others:Al...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

27 Oct 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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