๐ช๐ฌ Egypt Ditches US,Moves Closer to Yuan, Reducing Dollar Reliance
Egypt and China are deepening financial ties as Cairo expands the use of the Chinese yuan in bilateral trade.
Their currency-swap agreement was increased to 30 billion yuan ($4.43 billion), helping Egypt settle trade in local currencies and reduce reliance on the US dollar.

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1September 4, 2026 2.8K 2 4