Egypt Records Illegal Foreign Currency Trading Cases Worth EGP 5 Million in 24 Hours

Egyptian security authorities recorded cases involving illegal foreign currency trading worth EGP 5 million over a 24-hour period.

The cases came as part of an ongoing crackdown on foreign exchange dealings conducted outside the banking system.

The campaign targets the unlawful trading of foreign currencies, as well as speculation on exchange rates by withholding currency from circulation.

The available summary did not specify the number of cases or suspects involved, or identify the locations where the offences were recorded.