Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Ten years in prison, fine in millions for US dollar manipulators, CBE

CBE also said that it has monitored violations in money transfers from Egyptians residing abroad.
27.12.22 | Source: Egypt Independent

The Central Bank of Egypt has revealed a prison sentence of no less than three years and no more than 10 years, and a fine of no less than LE 1 million and no more than LE 5 million for manipulating the US dollar.


CBE explained in a statement that some companies and individuals in Egypt are trading commodities inside Egypt in foreign currencies.


 

FREE NEWSLETTER