Dollars start running out in Egypt bureaus

CAIRO - Egypt’s currency bureaus are being overwhelmed by demand for dollars amid a supply shortage fuelled by political crisis, the head of the foreign exchange department at the Chambers of Commerce said.

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Published: Tue 19 Feb 2013, 10:45 PM

Last updated: Sat 4 Apr 2015, 9:39 AM

Mohamed El Abyad said foreign exchange offices can only supply 20 per cent of the dollars for which they receive orders.

“With the dollar shortage there is a semi-halting of our operations,” he told Reuters in an interview.


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