2022-08-17 | CBE3.11

CBE Regulation Book 3.11 - Limits Of Equilibrium In Currency Positions

The document outlines the regulations set by the Central Bank of Egypt to maintain balance in currency positions for banks operating in Egypt, including foreign bank branches. These regulations aim to mitigate risks associated with currency fluctuations and ensure the safety of banks' financial positions. The maximum surplus or deficit in any single currency position is limited to 10% of the bank's capital base, while the total surplus or deficit across all currency positions (foreign or local) should not exceed 20%. Banks are required to adhere to these limits at the end of each business day.

Egypt

Central Bank of Egypt

Show thumbnail