The Central Bank of Egypt (CBE) announced on Wednesday afternoon that has lifted the limits on foreign currency transfers.

     

    On 6 January 2014, the CBE limited foreign currency transfers to $100,000 per individual per year.

    At the end of May, Egypt's foreign reserves edged up to $31.125 billion, nearing pre-2011 reserves, which were estimated at $36 billion.

     

    african indices

    BRVM-CI313.10+0.71%01/08
    BSE DCI10,498.75-01/08
    DSE ASI2,466.71+0.70%01/08
    EGX 3034,198.00+1.00%31/07
    GSE-CI6,994.45+0.03%01/08
    JSE ASI97,744.15-0.79%01/08
    LuSE ASI21,290.87+1.19%01/08
    MASI19,570.63-0.33%01/08
    MSE ASI393,087.82+1.76%01/08
    NGX ASI141,263.05+1.00%01/08
    NSE ASI158.95-0.79%01/08
    NSX OI1,752.44-1.70%01/08
    RSE ASI150.43+0.03%31/07
    SEM ASI2,163.31-0.02%01/08
    TUNINDEX11,851.41+0.14%01/08
    USE ASI1,364.93+0.55%01/08
    ZSE ASI208.42+1.32%01/08
    loading...