{"id":634005,"date":"2018-01-02T04:29:22","date_gmt":"2018-01-02T04:29:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/"},"modified":"2018-01-02T04:29:22","modified_gmt":"2018-01-02T04:29:22","slug":"finance-ministry-to-keep-customs-rate-at-egp-16","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/","title":{"rendered":"Finance Ministry to keep customs rate at EGP 16"},"content":{"rendered":"<p>The Finance Ministry will keep the exchange rate for customs stable at EGP 16 per USD 1 for January 2018, the <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Press\/Pages\/news-a-31-12-17.aspx\">ministry announced in a statement<\/a> on Sunday. The rate has remained unchanged since September, reflecting a stability in the FX rate, <a href=\"https:\/\/www.reuters.com\/article\/egypt-economy\/egypt-to-keep-customs-exchange-rate-at-16-pounds-in-january-idUSL8N1OV05W\">Reuters notes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry will keep the exchange rate for customs stable at EGP 16 per USD 1 for January 2018, the ministry announced in a statement on Sunday. The rate has remained unchanged since September, reflecting a stability in the FX rate, Reuters notes.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634005","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c6b269c1-9cb0-4091-bae1-b26de0846b36","order":"0","is_powered_by":true,"section_story_id":"9b321792-346b-4bfc-bb67-5fc3bc4526eb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[633965],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Finance Ministry to keep customs rate at EGP 16 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry to keep customs rate at EGP 16\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry will keep the exchange rate for customs stable at EGP 16 per USD 1 for January 2018, the ministry announced in a statement on Sunday. The rate has remained unchanged since September, reflecting a stability in the FX rate, Reuters notes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-02T04:29:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry to keep customs rate at EGP 16\",\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\"},\"wordCount\":49,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\",\"name\":\"Finance Ministry to keep customs rate at EGP 16 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance Ministry to keep customs rate at EGP 16\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Finance Ministry to keep customs rate at EGP 16 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/finance-ministry-to-keep-customs-rate-at-egp-16\/","og_locale":"en_US","og_type":"article","og_title":"Finance Ministry to keep customs rate at EGP 16","og_description":"The Finance Ministry will keep the exchange rate for customs stable at EGP 16 per USD 1 for January 2018, the ministry announced in a statement on Sunday. 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The ministry will also review the exchange rate to be used to calculate customs every 15 days instead of every 45 days, as had been the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635380,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/egypt-to-keep-customs-exchange-rate-at-egp-16-in-december\/","url_meta":{"origin":634005,"position":2},"title":"Egypt to keep customs exchange rate at EGP 16 in December","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"The Finance Ministry will keep its customs exchange rate steady at EGP 16 per USD 1 for December, the ministry said in a statement on Wednesday. \u201cThe decision is consistent with the currency price stabilisation in the past period,\u201d the statement said.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636845,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/finance-ministry-keeps-customs-rate-unchanged\/","url_meta":{"origin":634005,"position":3},"title":"Finance Ministry keeps customs rate unchanged.","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"The Ministry of Finance is keeping the customs exchange rate fixed at EGP 16 per greenback for the month of November,according to the ministry website. The unchanged rate is consistent with the ministry\u2019s view on a stabilizing exchange rate.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596603,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypts-customs-exchange-rate-remains-unchanged\/","url_meta":{"origin":634005,"position":4},"title":"Egypt\u2019s customs exchange rate remains unchanged","author":"enterpriseam admin","date":"2 July 2019","format":false,"excerpt":"The Finance Ministry has left the discounted customs exchange rate for essential imports unchanged at EGP 16 for July, Masrawy reported. The ministry set the rate for non-essential imports at EGP 16.77.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594595,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypt-scraps-monthly-customs-rate-bringing-back-daily-system\/","url_meta":{"origin":634005,"position":5},"title":"Egypt scraps monthly customs rate, bringing back daily system","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"FinMin brings back daily customs rate, scrapping monthly system: The Finance Ministry has decided to scrap the monthly customs exchange rate introduced in 2017 and will revert to setting the rate on a daily basis according to FX rates announced by the central bank, according to a ministry statement. 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