Egypt and global economy brief
Central Bank of Egypt says US measures against Banque Misr UAE branch will not impact domestic sector
✦Key takeaways
- The Central Bank of Egypt confirmed that recent United States measures imposed on Banque Misr’s branch in the United Arab Emirates, in connection with economic restrictions on Iran, will not impact the Egyptian banking sector or the bank’s domestic operations.
- US Dollar Transactions Restricted The central bank stressed that the US action is strictly limited […]
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