Egypt c.bank lifts limits for forex deposit, withdrawal

Cairo – Mubasher: Egypt’s central bank decided Tuesday to lift foreign currency cash deposit and withdrawal limits for individuals.

Meanwhile, foreign currency deposit and withdrawal limits will remain unchanged for legal persons.

On 26 January, the bank raised the cap for monthly dollar deposits for legal persons to $250,000 from $50,000.

Mubasher Contribution Time: 08-Mar-2016 15:06 (GMT)