Government eases restrictions on dollar deposits

97 views · Published 3 February 2016 · 2:00 · Indexed 20 September 2026

Channel: CGTN Africa · 2016 · News & Politics

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The Egyptian government has eased restrictions on dollar deposits. Companies can now transact up to 250,000 dollars from the previous cap of 50,000 dollars. The aim is to control dollar spending amid a currency crisis that led to a scarcity of the dollar.

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