Egypt’s sources of foreign currency ‘stable’ – PM

Egypt’s sources of foreign currency are “stable” and the state’s primary needs are secured, according to Prime Minister Moustafa Madbouly.

“During currency crises, many black-market traders benefit by spreading rumors to create confusion.” Prime Minister Madbouly told press conference on Thursday.

He added that global losses from the “Black Monday” incident were estimated at $6 trillion, noting, “there is a worldwide crisis of confidence, and it has become a global issue.”