Egypt's battle on underground market money investors is not visiting strategy. One month after a decrease that was intended to relieve a severe buck lack in the financial system, private company is growing in coffee shops, stores as well as apartments.
" No one offers bucks to the banks more. They all like to head to the underground market which will certainly pay them a lot more," claimed one lender that inquired about to stay confidential. "The bucks do not enter into the financial system anymore as well as the reserve bank's buck reserves are not nearly enough to sustain the nation's import requirements."