VOL. XXXI
NO. 39
4-JULY-1988
Financial and Banking News
REGIONAL BANKING
Jordan Restricts Moneychangers' Activities
The Central Bank of Jordan on 26 June announced new regulations coveringthe use of foreign exchange which have had the effect of restrictingmoneychangers' activities in the country. An existing rule is now being enforcedwhich forbids moneychangers to issue checks on foreign currency accountsheld outside the country, effectively forcing them to use accounts at localbanks and therefore...
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