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Latest in Tag: dollars

Will Turks heed Erdogan’s calls to sell dollars and buy liras?

Turkish leader Erdogan has recently called on his compatriots to convert their dollar and euro savings into lira. But economist Per Hammarlund says many Turks will continue to save in dollars and other hard currencies.The Turkish currency has plunged by about 20 percent against the dollar since the start of the year. It pared back …

Deutsche Welle

Green Valley demands EgyptAir collect fees in pounds rather than dollars

Green Valley Company for import and export aims to increase its exports of agricultural crops to 8,000 tonnes this year, compared with 4,000 tonnes in 2016, to compensate for the increase in the cost of production and to take advantage of the liberalisation of the exchange rate. Ahmed Yousry, the company’s chairperson, said Green Valley …

Ahmed Sabry

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