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News Analysis: Egypt seeks to secure dollars, diversify trade currencies amid dollar shortage

By M Arwayahya and Shen Danlin

by Marwa Yahya

CAIRO, May 30 (Xinhua) -- Facing a U.S. dollar crunch that led to the depreciation of the local currency and a slowdown of imports, Egypt is seeking all kinds of ways to secure dollars and even considering adopting other currencies in trade.

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