Egypt wants shipping agencies to deal in pounds amid dollar flight
Published on: Tuesday 26 April 2022
After Egypt’s currency devaluation in March, the Egyptian government hopes to ease the strain on its banking system by mandating that international shipping agencies accept Egyptian pounds instead of US dollars as payment.
News source: https://www.al-monitor.com/originals/2022/04/egypt-wants-shipping-agencies-deal-pounds-amid-dollar-flight
