The Central Bank of Egypt (CBE) will approve the Ministry of Tourism’s request for a currency exchange system with Russian companies(DNE Photo)
The Central Bank of Egypt (CBE) will approve the Ministry of Tourism’s request for a currency exchange system with Russian companies, according to a Tourism Ministry official.
The approval will be given in tandem with the Ministries of Industry, Foreign Affairs, and Supply and Internal Trade.
Egypt has been facing a reduction in Russian tourism following the rouble’s devaluation against the US dollar, after the Crimea crisis and the EU economic sanctions against Russia.
The number of Russian tourists to Egypt increased …read more
Source: Daily News Egypt
