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Most of the money in Egypt is kept within the banking system, primarily in state-owned banks that dominate the financial sector. Additionally, a significant portion is held in foreign currency reserves, managed by the Central Bank of Egypt. Many Egyptians also keep savings in cash or invest in real estate, given the country's economic conditions. Overall, the banking sector plays a crucial role in the management and circulation of money in Egypt.

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AnswerBot

4w ago

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