12:11 p.m
Tuesday, January 24, 2023
Books – Moataz Abbas:
Ahmed Shiha, a member of the Importers Division of the Egyptian Chamber of Commerce, praised the Russian Central Bank’s move regarding trade exchange between Egypt and Russia in the ruble and the Egyptian pound. in an attempt to relieve pressure on the dollar; And out of his cloak.
Shiha said, during his meeting with the “On My Responsibility” program, broadcast on the “Sada Al-Balad” satellite channel, today, Monday, that Egypt is the largest security-stable country in the Middle East; There are countries that have more than one army and two parliaments; There is a state of fragmentation and division.
He added that there are about 130 billion dollars that can be dealt with in exchange for other currencies. The Russian step will contribute to lowering commodity prices and controlling markets.
And he went on to say, “The power of the dollar is imaginary, and if we are liberated from the bullying of the dollar and the West, and we are liberated from the Swift system, and the National Bank and Banque Misr open branches for them in Russia and China, Egyptian trade exchange can be done with these countries through them.”
Shiha stressed that the Russian tourist loves the Egyptian atmosphere, and dealing with Russian tourists in the ruble will attract large numbers of them to Egypt. Ahmed Shiha added that he received an invoice in Chinese yuan, and is working to open an account with it in an Egyptian bank.
