Global Trade Alert
Global Trade Alert

South Africa: Liberalisation of exchange controls

Announcement

27 Oct 2009

In October 2009, the government of South Africa announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

27 Oct 2009

Revocation date:

No revocation date

Updated: 27 Oct 2009
Controls on commercial transactions and investment instruments In force

On 27 October 2009, the South African Reserve Bank issued Exchange Control Circular No. 13/2009 that liberalised exchange controls. The circular proposes reforms to reduce red tape by, among o...

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