{"id":646589,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/","title":{"rendered":"Egypt to remove caps on USD deposits entirely soon -Jarvis"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The central bank will remove caps on USD deposits entirely in \u201cthe coming <\/strong><strong>months,\u201d <\/strong>IMF Egypt mission chief Chris Jarvis told <a href=\"https:\/\/alborsanews.com\/2017\/06\/17\/1032808\">Al Borsa<\/a>. Importers of non-essential goods still face a USD 10k per day limit on deposits and can deposit no more than USD 50k per month. The IMF also welcomed the central bank\u2019s removal of restrictions on USD transfers, <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/15\/cbe-lifts-restrictions-on-usd-bank-transfers-abroad\/\">which scrapped<\/a> the cap of a USD 100k transfer per client per year, Jarvis said, adding that removing all restrictions on the flow of funds is part of the agreement with the IMF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The central bank will remove caps on USD deposits entirely in \u201cthe coming months,\u201d IMF Egypt mission chief Chris Jarvis told Al Borsa. Importers of non-essential goods still face a USD 10k per day limit on deposits and can deposit no more than USD 50k per month. The IMF also welcomed the central bank\u2019s removal [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646589","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"28c80fb1-c765-4760-acff-50b6b3293777","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"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>Egypt to remove caps on USD deposits entirely soon -Jarvis - 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\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to remove caps on USD deposits entirely soon -Jarvis\" \/>\n<meta property=\"og:description\" content=\"The central bank will remove caps on USD deposits entirely in \u201cthe coming months,\u201d IMF Egypt mission chief Chris Jarvis told Al Borsa. Importers of non-essential goods still face a USD 10k per day limit on deposits and can deposit no more than USD 50k per month. The IMF also welcomed the central bank\u2019s removal [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-19T03:58:17+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\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to remove caps on USD deposits entirely soon -Jarvis\",\"datePublished\":\"2017-06-19T03:58:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/\",\"name\":\"Egypt to remove caps on USD deposits entirely soon -Jarvis - 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The delegation \u2014 which will\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":647525,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/egypt-passes-imf-inspection-and-will-receive-the-second-tranche-of-the-loan\/","url_meta":{"origin":646589,"position":1},"title":"Egypt passes IMF inspection and will receive the second tranche of the loan","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"Egypt is now just a few signatures away from receiving the second tranche of its USD 12 bn loan from the IMF,after the delegation assessing the country\u2019s economic reform progress gave it a clean bill of health on Friday. The IMF\u2019s executive board will now have to sign off on\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":637931,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/cbe-lifts-caps-on-usd-deposits-and-withdrawals\/","url_meta":{"origin":646589,"position":2},"title":"CBE lifts caps on USD deposits and withdrawals","author":"enterpriseam admin","date":"29 November 2017","format":false,"excerpt":"CBE lifts caps on USD deposits and withdrawals: The central bank announced yesterday that it has lifted all previously-imposed restrictions on USD deposits and withdrawals for importers of non-essential goods. The central bank had set a deposit limit of USD 10k a day to a maximum of USD 50k a\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":647801,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/21\/imf-to-disburse-next-eff-tranche-to-egypt-by-mid-june\/","url_meta":{"origin":646589,"position":3},"title":"IMF to disburse next EFF tranche to Egypt by mid-June?","author":"enterpriseam admin","date":"21 May 2017","format":false,"excerpt":"The IMF\u2019s Executive Board is expected review before mid-June its staff-levelagreement with Egypt on the next USD 1.25 bn tranche of Egypt\u2019s USD 12 bn extended fund facility, Finance Ministry officials tell Al Borsa. IMF Egypt Mission Chief Chris Jarvis had said last week that the board would meet sometime\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":647740,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/","url_meta":{"origin":646589,"position":4},"title":"IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"On what was the most boring night on the airwaves this week, the only development of note was substantial: IMF Egypt Mission Chief Chris Jarvis\u2019 video call with Hona Al Asema\u2019s Lamees Al Hadidi.The IMF is not throwing us under the bus: Jarvis told Lamees that the IMF was particularly\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649268,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/on-the-horizon-238\/","url_meta":{"origin":646589,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"27 April 2017","format":false,"excerpt":"Dates for IMF review in Cairo confirmed: An International Monetary Fund delegation will be in Cairo from Monday, 30 April until Thursday, 11 May to assess Egypt\u2019s progress on the economic reforms for which we signed up as a condition of the USD 12 bn extended fund facility, IMF Mission\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=646589"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646589\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646582"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646589"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646589"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}