Regulatory Alerts2024-02-20
Circular to Approved Intermediaries No. 2024-06 of February 20, 2024
The Central Bank of Tunisia issued Circular No. 2024-06 to authorize Approved Intermediaries, effective February 20, 2024, to dispense tourist allowances for the 2024 Hajj pilgrimage using available Saudi Riyal balances. The circular extends the validity of foreign currency export authorizations to four months and mandates that intermediaries publicly display fixed selling rates for these allowances. These measures apply exclusively to officially registered pilgrims and designated members of the accompanying Tunisian delegation, ensuring streamlined currency allocation for the pilgrimage campaign.
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