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Egypt's banks told to limit withdrawals and deposits

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Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits in a move seemingly designed to control inflation and hoarding during the coronavirus' spread.

[CAIRO] Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits in a move seemingly designed to control inflation and hoarding during the coronavirus' spread.

The daily limit for individuals would be 10,000 Egyptian pounds (S$907.10) and 50,000...

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