2013-02-07

Taking into account giving priority in managing foreign currency for import operations of some products

In a letter dated February 4, 2013, the Central Bank of Egypt instructed banks to prioritize foreign currency allocation for specific imports, including essential food items, production equipment, intermediate goods, petroleum products, medicines, fertilizers, and industrial oils and lubricants. This directive aimed to manage the allocation of foreign currency resources available to banks to meet the needs of their clients.

Tags
fx