Most of the unearthed documents, discovered by two Victorian archaeologists, date from the time when Egypt was part of the Roman empire . . .
So, much about Oxyrhynchus is like contemporary city life but with a peculiarly ancient twist. The city had its own town council, . . . However, the council was staffed by prominent citizens who had to pay out of their own pockets if they failed to meet their targets.
Tax collecting was outsourced to private individuals, and the city implemented a Roman version of the dole in which free rations were given to the wealthy and prominent citizens, not the poor and needy.
Oxyrhynchus, like other towns, had the equivalent of banks, bank accounts and cheques, and clients could order payments to be made or receive funds in other cities, too. The twist here was that wheat was a recognised currency back then. People also entered into surprisingly detailed and binding contracts.
All of these characteristics seem to bear the stamp of strong Roman influence. Wheat like money (and oil today) was "fungible".