AreaEgypt

Commodity GroupRice

CommodityAll

Date09/09/2020

Policy CategoryOther

Policy InstrumentStock exchange

DescriptionLaunched the Egyptian Commodities Exchange Company, with EGP 91 (USD 5.8) million total capital. The exchange, for spot commodities, is expected to begin trading during the first semester of 2021, initially, in rice, wheat, oil and sugar.

NotesExchange rate as of 15 October 2020.