Silver Is the New Gold' — Egyptians Try to Protect Savings In Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement, known as “shabka.” However, due to economic difficulties, with inflation over 30% and the currency losing half its value against the dollar, many are now receiving silver instead. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold is shining ‘bright like a diamond’ and could hit $3,000, says Citi READ MORE Top Yen Forecaster Sees Currency Sliding to Lowest Since 1986 READ MORE Oil Prices Rise Amid Global Tensions and Economic Stimulus READ MORE Workers’ paychecks grew faster in the first quarter, a possible concern for the Fed READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
