Financial and Banking News
REGIONAL BANKING
Egypt Loosens Controls on Forex Dealing as Eœ Plunges
The new Egyptian Prime Minister, Mr. 'Ali Lutfi last week assured business leaders that law enforcement authorities had been instructed not to harass money changers or to enforce regulations which ban foreign currency dealing outside the banks if such deals are to finance imports. A stiff crackdown on the 'free market' for foreign currency in recent weeks has been...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!