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General picture of exchange offices on Jan. 5, 2023, in Cairo, Egypt. The Egyptian pound suffered its biggest one-day drop on Jan. 4 since the cash-strapped government agreed to a $3 billion USD ...
Egypt weakened its currency on Monday by the most in more than four months, with the Egyptian pound falling by more than 0.10 pounds to the dollar, according to Refinitiv data.
CAIRO (AP) — The Egyptian pound tumbled on Wednesday in its largest single-day slide since the cash-strapped government agreed to a $3 billion International Monetary Fund deal in mid-December ...
Cairo • The Egyptian pound has dropped to record lows on the black market in the past week, hovering between 9 and 9.25 per dollar, as importers struggle to find dollars for their operations and ...
Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and increased local demand for dollars. The pound is trading at about 49.8 ...
Egypt’s pound plunges after currency float, interest rate rise By Louis Goss Published: March 6, 2024, 8:03 a.m. ET Share ...
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