Al Baraka Bank issues attractive interest rates in exchange for dollars in Egypt
724 views · Published 25 November 2015 · 2:27 · Indexed 31 October 2026
Channel: CGTN Africa · 2015 · News & Politics
Egypt is suffering a shortage of dollars. Forex reserves have dwindled to a low of 16.5 billion dollars covering just about three months of import needs. The Egyptian pound has been losing value throughout the year to the apparent delight of black market dealers.
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