36 Days
Source:
بوابة أخبار اليوم
Economist warns of dollar threshold risks
Economist Dr. Mohamed Al-Kilani warned of the danger of the dollar surpassing its current psychological barriers, emphasizing that this could lead to catastrophic repercussions for Egypt's production activities and foreign trade, especially regarding the availability of foreign currency for importers and exporters. He explained that the current prices reflect the reality of the ongoing conflict in the region rather than the local economic performance, and that economic stability is linked to calming the conflicts in the Middle East. He also predicted that the current exchange rate would remain until the war significantly subsides.
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