May 16, 2017 / 1:49 PM / 3 months ago

Egypt central bank to cancel $100,000 individual bank transfer limit

CAIRO, May 16 (Reuters) - Egypt's central bank governor Tarek Amer said on Tuesday the central bank will "soon" cancel a $100,000 limit on individual bank transfers.

"The limits of $100,000 relating to individuals will be canceled," Amer said at a press conference in Cairo. (Writing by Asma Alsharif; Editing by Hugh Lawson)

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