CAIRO - Egypt's prime minister Mostafa Madbouly said on Tuesday that a policy requiring importers to issue letters of credit to access foreign currency implemented in March came after the country saw an exodus of around $25 billion in outflows in under one month.

Speaking during an economic conference in Cairo, Madbouly added that Egypt aims to limit the amount of dollars exiting the market in order to keep the country stable.

(Reporting by Moataz Mohammed and Lilian Wagdy Writing by Lilian Wagdy; Editing by Andrew Heavens)