Shortages of medicine, clothing and food are gripping Egypt, as the country emerges as one of the most vulnerable to shocks felt across the world by the rising value of the U.S. dollar and disruptions caused by the war in Ukraine
Medicine, cheese and European appliances are increasingly hard to find as the country restricts imports to hold on to its foreign-currency reserves
Related Video: The dollar is getting stronger. While that may sound like something to be happy about, a runup in the value of the dollar can ripple through the economy in unexpected ways. WSJ’s Julia-Ambra Verlaine explains. Illustration: Jordan KranseCAIRO—When customers walk into Ahmed Ali’s pharmacy here, they often walk out without the medicine they need. He has run out of nearly a dozen prescription drugs for common ailments like high blood pressure and osteoporosis.
“Every day I have to say that something isn’t available,” said Mr. Ali, 26, whose patients are flying to Turkey or the U.K. to get medicine, if they can afford the flight. Those who can’t turn to a growing black market for prescription drugs.
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