• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

The Egyptian Central Bank Limits Cash Withdrawals

by CBDC Insider Staff
March 30, 2020
in Business, Middle East
Reading Time: 1min read
0
The Egyptian Central Bank Limits Cash Withdrawals
Share on FacebookShare on Twitter

The Egyptian Central Bank published a message on Sunday (March 29, 2020) in which it admits that it has just instructed the country’s subordinate banks to reduce daily withdrawals and deposits of Egyptian 10,000 pounds (approx. USD 636.94) for individuals and 50,000 Egyptian pounds for businesses. Officially, everything is related to “concerns about the spread of coronavirus.”
The Egyptian Central Bank has decided to limit daily withdrawals from ATMs and deposits to 5000 Egyptian pounds (approx. USD 318.41).

Read more: https://7bitcoins.com/the-egyptian-central-bank-limits-cash-withdrawals/

RELATED STORIES

Ripple and Digital Euro Association Unveil CBDC and Digital Assets Whitepaper

Ripple and Digital Euro Association Unveil CBDC and Digital Assets Whitepaper

March 28, 2023
Kuroda Says BOJ Needs to Be Ready to Issue Digital Yen

Kuroda Says BOJ Needs to Be Ready to Issue Digital Yen

March 28, 2023
Previous Post

Forging the Future of Central Bank Digital Currencies

Next Post

A Central Bank Digital Currency? The Bank of England Ponders Proposal

Next Post
A Central Bank Digital Currency? The Bank of England Ponders Proposal

A Central Bank Digital Currency? The Bank of England Ponders Proposal

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register