Security agencies at the Ministry of Interior are stepping up efforts to combat illegal foreign-currency trading and speculation on exchange rates by pursuing those involved in hoarding foreign currency or trading it outside the legal framework and official banking channels. The drive aims to preserve the stability of the money market and support the state's efforts to protect the national economy from practices that could hurt currency flows and price stability.
Over the past 24 hours, the Public Security Sector, in coordination with the General Administration for Combating Public Funds Crimes and security directorates across the governorates, seized a number of cases of illegal trading in various foreign currencies, with a total value estimated at nearly EGP 3 million.
The necessary legal measures have been taken against the suspects, while security agencies continue their intensive campaigns to pursue and arrest those involved in illegal foreign-currency trading, as part of ongoing efforts to enforce discipline in the financial market.


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