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Global Trade Alert

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Egypt: The Central Bank of Egypt lifted foreign currency cash deposit and withdrawal limits for natural persons

Description

The Central Bank of Egypt on 08 March 2016, issued a Circular which for the first time fully lifted the foreign currency cash deposit and withdrawal limits exclusively for parties which legal status c...

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Intervention Details

Intervention Type

Control on personal transactions

MAST Chapter

Capital control measures

Implementation date

08 Mar 2016

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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