Evident inflation in Egypt! Euro and Dollar skyrocket
Dollar and Euro skyrocketing and the Egyptian Pound gets highly affected!
TERRIBLE INFLATION! THE SIGNALS FELT ALSO IN EGYPT AND SPECIFICALLY IN SHARM EL SHEIKH.
The present political and social situation, as well as the Russian/Ukrainian conflict above all, are unfortunately having their consequences on the financial markets.
Here, in Sharm el Sheikh, the US Dollar has just jumped to over 18.25 and the Euro to 20.07, an incredible leap that will certainly weigh on everyone's daily life with consistant price increases in all fields: Consumption, Food, Merchandise, etc.
Let's see how the situation is going to evolve in the next few days, bearing in mind that the beginning is certainly not that reassuring!
What's Your Reaction?
