Global Trade Alert
Global Trade Alert

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

Announcement

27 Nov 2017

The Central Bank of Egypt on 27 November 2017, eliminated the foreign currency caps on imports of goods classified as "non-priority".

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

27 Nov 2017

Revocation date:

No revocation date

Updated: 27 Nov 2017
Controls on commercial transactions and investment instruments In force
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-...
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