Selling Dollars Instead of Lanterns Highlights Egypt Crunch

Updated on
  • Egyptians speculating on likelihood of more pound devaluations
  • Currency slumped again at street sales after brief reprieve

Above the counter at Manal’s electrical store in Cairo are the lanterns and string lights that will illuminate homes during the holy Muslim month of Ramadan that began this week. Below it are dollar bills destined for the black market.

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