The Muslim Brotherhood organization leads a mafia of dollar manipulators

Egyptian media personality Rasha Magdyex pressed her dismayat what she called ‘a mafia for foreign-currency trafficking and dollar-trading manipulation’. This prompted the government to launch far-reaching security crackdowns targeting the “emperors” of foreign currency trafficking outside the banking market.
This offensive has been pursuing gangs that concentrate on the savings of Egyptians abroad and convert them into Egyptian pounds on the black market. This action makes the state unable to benefit from the flow of hard currency. She added that the mafia’s control of dollar trafficking and foreign exchange markets is not new.

It goes back to the eighties, when some foreign exchange companies owned by leaders of the Muslim Brotherhood started manipulating the rates of foreign currencies. Unfortunately, they gained increasing control of Egyptian and Arab markets and exploited them for their political interests.

Source: /Elbalad