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Customs dollar price fixed at LE16 for July
The Egyptian Gazette Published in The Egyptian Gazette on 28 - 06 - 2018

CAIRO, June 28, 2018 (MENA) - The Finance Ministry decided to fix the customs dollar exchange rate at LE16 as of 1st July and for one month, Minister Mohamed Maait announced on Thursday.
The customs dollar exchange rate comes close to the exchange rate of the dollar in the banking sector by 90 per cent, he added.
The customs dollar is the price by which the proportion of customs duties and taxes on imports of goods from abroad are calculated.
Egypt began setting a monthly customs exchange rate in January 2017, following the flotation of its currency in November 2016.

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