{"id":12424,"date":"1995-05-15T12:44:54","date_gmt":"1995-05-15T12:44:54","guid":{"rendered":"https:\/\/naderriad.com\/why-do-we-protect-dollar\/"},"modified":"2024-09-09T06:51:34","modified_gmt":"2024-09-09T06:51:34","slug":"why-do-we-protect-dollar","status":"publish","type":"post","link":"https:\/\/naderriad.com\/de\/why-do-we-protect-dollar\/","title":{"rendered":"Why do we protect dollar?"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1372.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>15\/05\/1995<br \/>\nAl-Ahram Al-Ektsady Magazine 1995\/MAY \/15<\/p>\n<p>Protection against dollarization, according to experts, requires thinking of a new relation between dollar and pound to magnify the differential between their interest rates and find an alternative to dollar. If this is impossible at present, there is no problem to draw a new relation between dollar and pound in the future. ( Available in Arabic )<br \/>\nProtection against dollarization, according to experts, requires thinking of a new relation between dollar and pound to magnify the differential between their interest rates and find an alternative to dollar. If this is impossible at present, there is no problem to draw a new relation between dollar and pound in the future. Experts are of the view that the dollar\u2019s rate should remain stable versus the Egyptian pound in order to protect the latter. The policy of supporting the dollar in the local market and keeping its rate relatively stable against the Egyptian pound helps protect the Egyptian industry and curbs the dumping policies. It also leads to the increase of the cost of imports, especially from the joint European market, Japan and Southeast Asian countries. This policy also results in the decline of the price of Egyptian exports in world markets.<\/p>\n<\/div><div style=\"text-align:center;\"><a class=\"fusion-button button-flat button-medium button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" style=\"--button_text_transform:none;\" target=\"lightbox\" rel=\"iLightbox\" href=\"https:\/\/naderriad.com\/wp-content\/uploads\/2024\/07\/A008321.pdf\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Click Here for More Details<\/span><\/a><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194],"tags":[],"class_list":["post-12424","post","type-post","status-publish","format-standard","hentry","category-egyptian-economy-general-de"],"_links":{"self":[{"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/posts\/12424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/comments?post=12424"}],"version-history":[{"count":1,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/posts\/12424\/revisions"}],"predecessor-version":[{"id":16176,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/posts\/12424\/revisions\/16176"}],"wp:attachment":[{"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/media?parent=12424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/categories?post=12424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naderriad.com\/de\/wp-json\/wp\/v2\/tags?post=12424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}