World Courant
The Central Financial institution of Egypt (CBE) denies current rumours that banks should impose each day and month-to-month international foreign money withdrawal limits from September.
In a press release carried by Cairo Information Channel, the Central Financial institution mentioned these claims are baseless.
The financial institution confused that it had already elevated the each day withdrawal restrict for home foreign money from ATMs to LE30,000 in April, from the earlier restrict of LE20,000.
The Central Financial institution urges the general public to confirm info earlier than it’s disseminated, particularly relating to the banking sector, as disinformation can have damaging results on each the banking sector and the nationwide economic system.
The CBE additional defined that particular person banks have the autonomy to find out their very own insurance policies relating to international foreign money alternate limits, topic to approval by their respective boards of administrators.
Egypt’s Central Financial institution Points Assertion Clarifying International and Home Forex Alternate Limits
Africa Area Information ,Subsequent Massive Factor in Public Knowledg
