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Egypt takes measures to counter high demand for US dollar

The Egyptian government is trying to counter high demand for US dollar via new sources of foreign currency.
23.03.23 | Source: Egypt Independent

One of these efforts is establishing a company for Egyptians expats to invest their savings in various economic activities in the local market. This aims to achieves a high return for them, and increases direct investments.


The Egyptian government is also working to save the US dollar by completing the steps of commercial dealings with Russia in local currencies, and expanding to include China and India.

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