#egyptian consumers
This is the first article in the series 'Egyconomy' by Egyptian Streets, where Marina Makary explores current trends and debunks popular misconceptions surrounding the Egyptian economy. Since March 2021, Egypt has been struggling with a shortage of hard currency. With multiple devaluations, in March 2022, October 2022, and January 2023, the country has been forced to impose restrictions on imports and banks have repeatedly implemented regulations to spending abroad. Today, the Egyptian pound currently stands at 30.2 against the US…
