Chairman of Banque du Caire Monir el Zahed said on Sunday that there is no limit on the US dollar withdrawals from the bank.

Speaking to MENA, el Zahed praised the Central Bank of Egypt (CBE) decision to float the Egyptian pound, saying his bank received higher amounts of US dollars from citizens following the decision.

Unifying the foreign exchange rate will have a positive effect on the flow of foreign investments into Egypt, el Zahed added