Egypt: CBE returns bank withdrawal cap to $5065
The temporary decision is a part of exceptional measures due to the effects of the Ramses Central fire, which affected the operational systems of some banks.
Accordingly, the CBE decided to return to its usual policies to control cash liquidity in the market after telecommunications and internet services resumed operations.
On July 8th, the CBE raised the daily limit for cash withdrawals in local currency to EGP 500,000 amid network disruptions.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
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