2 Days
Source:
مصراوي
Alaa Ezz: Dollar rise impacts imports
The advisor to the President of the General Union of Chambers of Commerce reported that the 2.26% increase in the dollar exchange rate in September impacted the costs of imported goods, such as milk and cheese, which were expected to see costs rise by more than 2%. However, the increase remained lower due to the availability of stockpiles and stable prices. He also noted that the rise in prices for clothing and footwear was limited and occurred after the end of the sale season. Government measures, such as diversifying sources of import and managing shipping schedules, have helped reduce the impact of global fluctuations on the Egyptian market. He emphasized that strategic reserves have contributed to price stabilization and ensured the availability of essential commodities for citizens.
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