Egypt's Administrative Control Authority (ACA) said a criminal gang of nine people were arrested over foreign currency crimes, a statement by the ACA said. The ACA said the gang members were involved in illegally dealing in foreign currencies. The gang used forged documents and writings issued by foreign companies on the purchase of goods at a huge monetary sum of foreign currencies. They also used forged writings by the Tax Authority stipulating the delivery of some of the commodities; using such writings to smuggle the foreign banknotes abroad, mainly Turkey, the statement added. Since the 2016 floatation of the Egyptian pound, Egypt has cracked down on illegal foreign currency dealers trading in the black market.