Egypt is considering using the ruble in settlements in tourism in an effort to avoid using U.S. dollars, Egyptian President Abdel Fattah el-Sisi said, Russian state news agency TASS reported Thursday. The suggestion comes amid part of a broader Egyptian effort to entice Russian tourists to visit, while Russia’s economy reels from sanctions imposed by the United States and other Western countries for its involvement in the ongoing conflict in Ukraine. …read more
Source: International Business Times
