2022-03-28 | CBE3.13

CBE Regulation Book 3.13 - Deposit A Percentage 10 Of The Balances Of Customers Deposits In Foreign Currencies

Banks registered with the Central Bank of Egypt must maintain a 10% reserve of their total foreign currency deposits. This reserve must be calculated at the end of each month and settled in US dollars. Banks must also submit a monthly report on their foreign currency deposits to the Central Bank of Egypt within a maximum of 15 days from the end of the month.

Egypt

Central Bank of Egypt

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