| Finding new customers for his fitness and physiotherapy equipment business used to be the main challenge for Rawi Camel-Toueg. Now the Egyptian businessman’s biggest headache is securing the dollars needed to import the products he sells.
“We used to be able to import quite simply,” he says. “Now if we need $300,000 the bank asks us to deposit the full value in Egyptian pounds, then we have to take our turn until it can source the dollars. Most of the time they come back to say they can’t do it and they ask us to find half of the dollars ourselves.”..............................................Full Article: Source
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