2017-11-28

A circular dated November 28, 2017 regarding the cancellation of the maximum limits for cash deposits and withdrawals for legal persons working in the import of non-essential goods.

The Central Bank of Egypt announced on November 28, 2017 that it would suspend the application of the maximum limits for imports of non-essential goods. The Governor of the Central Bank specifically mentioned the suspension of the provisions in Article 3 with reference to the Bank's Decree No. 3, November 2016. He also requested that this decision be noted and appreciated as an exceptional measure.

Egypt

Central Bank of Egypt

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