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Global Trade Alert

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Egypt: The Central Bank of Egypt lifts foreign currency caps on imports of non-priority goods

Description

On 27 November 2017, the government of Egypt eliminated the monthly limits on foreign currency deposits as well as withdrawals which ever since November 2016 were being imposed on imports of non-essen...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

27 Nov 2017

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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