The Central Bank of Egypt lifts limits on foreign currency cash deposit, withdrawal for individuals
Cairo - MENA
The Central Bank of Egypt on Tuesday ended foreign currency caps on individuals.
According to a press release, the CBE said restrictions on companies remain the same. In February 2015, the CBE had imposed limits on foreign currency deposits of $10,000 daily, in an attempt to eradicate a foreign currency black market and tackle the country's foreign exchange crisis.
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