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CBE extends exemption of 3 commodity imports 1 more year from cash requirement

by Amwal Al Ghad English
CBE

The Central Bank of Egypt (CBE) has extended the exemption period for rice, lentils, and beans from the 100 percent cash cover requirements for one year ending on 15 March 2022.

This decision is aimed at facilitating the procedures of importing basic commodities to meet the needs of the local market, according to a statement on Tuesday.

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