Global Trade Alert
Global Trade Alert

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South Africa: Proposed relaxation of exchange controls

Description

Among measures proposed are: 1. Removal of various restrictions on rand conversion of export proceeds and advance payments for imports. 2. Increases in the rand thresholds applicable to outward invest...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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