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Silver Is the New Gold' — Egyptians Try to Protect Savings


In Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement, known as “shabka.” However, due to economic difficulties, with inflation over 30% and the currency losing half its value against the dollar, many are now receiving silver instead.


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Wealthfargo
Wealthfargo

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