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[size=55][size=35]Egypt begins setting the customs dollar rate on a daily basis[/size]
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- [ltr] 01 Sep 2019 [/ltr]
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BAGHDAD (Reuters) - Egypt will begin to set the price of a dollar dollar on a daily basis from September 2, the Egyptian Customs Authority said on Wednesday. Negm, head of the Customs Authority, confirmed that the decision to cancel the deal at the customs dollar rate, which is estimated at 16 pounds, and the application of the free dollar rate, which is about 16.5 pounds, came to the decline in the price of the free dollar compared to the customs dollar price. Najm explained that it is also up to the implementation of a set of decisions to subject some goods that do not affect the market to the price of the free dollar, was the decision to subject all goods to the price of the free dollar in September. He pointed out that there is no significant impact on the market if all commodities are subject to the price of the free dollar, especially in light of the continued decline. Najm stressed that the impact is very weak for [/size]
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