{"id":634999,"date":"2018-01-30T04:31:13","date_gmt":"2018-01-30T04:31:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/"},"modified":"2018-01-30T04:31:13","modified_gmt":"2018-01-30T04:31:13","slug":"customs-rate-remains-unchanged-for-another-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/","title":{"rendered":"Customs rate remains unchanged for another month"},"content":{"rendered":"

The Finance Ministry will keep the exchange rate for customs pinned at EGP 16 per USD 1 for February 2018, the ministry announced in a statement on Tuesday<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Ministry will keep the exchange rate for customs pinned at EGP 16 per USD 1 for February 2018, the ministry announced in a statement on Tuesday.<\/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-634999","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8b877ed1-246c-4035-95e5-00b8df6b53e3","order":"0","is_powered_by":true,"section_story_id":"f25152df-bca3-41d0-8001-477093e9949d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634956],"teaser":"","voice_url":""},"yoast_head":"\nCustoms rate remains unchanged for another month - 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\/30\/customs-rate-remains-unchanged-for-another-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Customs rate remains unchanged for another month\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry will keep the exchange rate for customs pinned at EGP 16 per USD 1 for February 2018, the ministry announced in a statement on Tuesday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-30T04:31:13+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\/30\/customs-rate-remains-unchanged-for-another-month\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Customs rate remains unchanged for another month\",\"datePublished\":\"2018-01-30T04:31:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/\"},\"wordCount\":32,\"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\/30\/customs-rate-remains-unchanged-for-another-month\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/customs-rate-remains-unchanged-for-another-month\/\",\"name\":\"Customs rate remains unchanged for another month - 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The rate has remained unchanged since September, reflecting a stability in the FX rate, Reuters notes.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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":634999,"position":1},"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 "Egypt Politics + Economics"","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":651503,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/14\/finance-ministry-considers-canceling-fixed-customs-exchange-rate-as-egp-strengthens\/","url_meta":{"origin":634999,"position":2},"title":"Finance Ministry considers canceling fixed customs exchange rate as EGP strengthens","author":"enterpriseam admin","date":"14 February 2017","format":false,"excerpt":"The Finance Ministry is reportedly looking at moving to a floating exchange rate for customs, an unnamed government official tells Al Borsa. In a bid to stop the whining and gnashing of teeth immediately after the float, the ministry had directed the Customs Authority to set a monthly exchange rate\u2026","rel":"","context":"In "Speed Round"","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":651599,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/finance-ministry-sets-custom-rate-at-egp-16-for-the-usd-1-customs-revenues-reach-egp-14-5-bn\/","url_meta":{"origin":634999,"position":3},"title":"Finance Ministry sets custom rate at EGP 16 for the USD 1, customs revenues reach EGP 14.5 bn","author":"enterpriseam admin","date":"16 February 2017","format":false,"excerpt":"The Finance Ministry has revised its exchange rate for customs duties to EGP 16.00 per USD from EGP 18.50 per greenback, Al Borsa reports. 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 "Speed Round"","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":596603,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypts-customs-exchange-rate-remains-unchanged\/","url_meta":{"origin":634999,"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 "Egypt Politics + Economics"","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":634999,"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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