Central Bank of Egypt to monitor currencies on import payments, sources say

The Central Bank of Egypt intended to start asking about the source of any foreign currency used to pay for imported goods, sources told Fastmarkets on Monday May 9.

The new regulation, on which an official announcement has yet to be made, would mean that importers of all products would need to inform the bank about the source of...


Serife Durmus

May 09, 2022

13:58 GMT