Global Trade Alert
Global Trade Alert

Egypt: The government for the first time lifted the local currency restrictions applicable to its stock market

Announcement

31 Jul 2017

According to the state-owned newspaper Al Ahram, the government of Egypt on 31 July 2017, introduced a measure aimed towards liberalising its national stock market via lifting the local currency restriction applicable to Global Depository Receipts. 

 

 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Jul 2017

Revocation date:

No revocation date

Updated: 31 Jul 2017
Controls on commercial transactions and investment instruments In force

The government of Egypt for the first time on 31 July 2017, introduced a measure aimed towards liberalising a specific type of transaction embedded in the ope...

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