Following the Central Bank of Egypt’s decision to increase the interest rate by 200 basis points, traders became so greedy that they started setting prices on commodities on their own to take advantage of the situation and during a tour of the markets at “dawn.”
In preparation for the release of other contemporary packets printed with the new pricing, it is important to note that the companies that produce white rice have already begun to remove printed rice with old prices, which varied between 20 and 25 pounds.
With the words “rice withdraws from the market, and the last two bags are 60 pounds in one of the markets in the Abdin area,” the merchants took advantage of these clouds to spread rumours that rice will be scarce for a while and to instil fear in consumers, forcing people to buy without hesitation and spreading reports of rice scarcity.
When the greed of the merchants ceases, will consumers force them to buy it, no matter the price, in the same way that the Egyptians were severely reliant on rice as a substitute for life (and it is one of the fundamentals of the Egyptian home)?
Citizens have been in a state of suspense for several days as a result of
With the words “rice withdraws from the market, and the last two bags are 60 pounds in one of the markets in the Abdin area,” the merchants took advantage of these clouds to spread rumours that rice will be scarce for a while and to instil fear in consumers, forcing people to buy without hesitation and spreading reports of rice scarcity.
When the greed of the merchants ceases, will consumers force them to buy it, no matter the price, in the same way that the Egyptians were severely reliant on rice as a substitute for life (and it is one of the fundamentals of the Egyptian home)?
Citizens have been in a state of suspense for several days as a result of
Urgent.. pulling rice from marketplaces and traders taking advantage of the circumstance
About Author
