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Egypt's pound keeps falling on black market ahead of IMF meeting
Reuters via Yahoo Singapore Finance· 2 years agoThe gap between the official rate of the Egyptian pound against the dollar and the price on the...
Egypt: Shift to Flexible Exchange Rate Is Crucial Even at Risk of Exacerbating Debt Challenges
FX Empire via Yahoo Singapore Finance· 1 year agoEgypt’s shift toward a flexible exchange rate promises multiple benefits but creates difficult...
Egypt: Devaluation, Financial Support Mitigate Near-term Risks, But Challenges Remain
FX Empire via Yahoo Singapore Finance· 4 months agoEgypt has improved its near-term finances by attracting foreign investment, devaluing the pound and...