VOL XXXI
NO. 20
22-FEBRUARY-1988
Financial and Banking News
BUDGETS AND REVENUES
Egyptian Free Forex Market Coverage Extended
The Egyptian authorities introduced the third phase of their exchange rateunification plan on 14 February with the inclusion of private sector foreigncurrency debts under the aegis of the free foreign exchange market. Instructions circulated by the Central Bank of Egypt (CBE) require local banks to givea month's notice to the CBE of the forthcoming foreign exchange debt...
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