Unrestricted foreign currency in Egypt

EGYPT - According to Al-Bayan newspaper (August 22, 2001), the Egyptian Central Bank recently instructed all commercial banks in Egypt to provide any foreign currency sum required by local customers.

In addition, those seeking to buy foreign currency would no longer be required to provide documents such as passports, overseas airline tickets or other related paperwork, previously needed for such a transaction. The Central Bank also specified that providing foreign currency to costumers must

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