Coronavirus: Egypt’s banks told to limit withdrawals and deposits

Egyptians walk in front of the Egyptian Central Bank in Cairo. (File photo: AP)

Egypt’s central bank said on Sunday it has instructed banks to put limits on daily withdrawals and deposits of 10,000 Egyptian pounds ($636.94) for individuals and 50,000 pounds for companies amid concerns regarding the spread of the coronavirus.

The central bank has also decided to limit daily ATM withdrawals and deposits to 5,000 pounds, it said in a statement.

Read more:

Middle East central banks pledge $47 billion to contain coronavirus fallout

Last Update: 07:12 KSA 10:12 - GMT 07:12