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PMA Sets Exchange and Transfer Rates in Gaza Strip
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/ Categories: Banks, PMA

PMA Sets Exchange and Transfer Rates in Gaza Strip

The Palestine Monetary Authority has issued instructions to banks and money exchangers setting the rates of key currencies in the Gaza Strip on a par with global exchange rates, and with a 100-point margin during the day (one shekel only). Otherwise, transfers shall be delivered to beneficiaries in the currency of origin. The PMA has warned that appropriate procedures will be taken against offenders as part of the PMA's campaign to safeguard the rights of the public.

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