Egypt is grappling with a severe shortage of US dollars, prompting the government to devise a plan to attract $191…
Browsing: dollar
Egypt’s efforts to combat its nearly year-and-a-half US dollar shortage through the issuance of US dollar-denominated certificates of deposit (CDs)…
For many, the dollar is the de facto global currency. Based on IMF data, it accounted for 59% of central…
With imports accounting for 70 percent of Egypt’s trade, the country relies on dollars. Those greenbacks are increasingly being borrowed…