Amendment to the Limit on Sale, Withdrawal, Entry and Exit of Foreign Currency

Notice no. 11/GBM/2018 of 19 November 2018 came into force recently. This Notice has introduced specific changes to Notice no. 20/GBM/2017 of 27 December on the rules and procedures to be followed in conducting foreign exchange operations. In particular, Notice no. 11/GBM/2018 addresses the limits on sale to the public, withdrawal for the purposes of travel and the physical entry and exit of foreign currency.