Prices of 2 cigarette brands increase amid Egypt’s rising US dollar exchange rate
Why This Matters
Key context: <p>Cigarette prices in the local market have seen a new hike, following an announcement by the Tobacco Division of the Federation of Egyptian Industries that the prices of “Target” and “Time” cigarettes have risen by one Egyptian pound per pack. This increase coincides with the recent rise in the US dollar exchange rate against the …</p> <p>The post <a href="https://www.egyptindependent.com/prices-of-2-cigarette-brands-increase-amid-egypts-rising-us-dollar-exchange-rate/">Prices of 2 cigarette brands increase amid Egypt’s rising US dollar exchange rate</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
Cigarette prices in the local market have seen a new hike, following an announcement by the Tobacco Division of the Federation of Egyptian Industries that the prices of “Target” and “Time” cigarettes have risen by one Egyptian pound per pack. This increase coincides with the recent rise in the US dollar exchange rate against the … The post Prices of 2 cigarette brands increase amid Egypt’s rising US dollar exchange rate appeared first on Egypt Independent.
Curation & Context
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