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3232Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
https://www.digit.info/nearly-1-billion-poured-into-egypts-forex-market-local-currency-now-worlds-worst-performing-currency-in-2023/
Wed, 18 Jan 2023 22:30:53 +0000https://www.digit.info/2023/01/18/nearly-1-billion-poured-into-egypts-forex-market-local-currency-now-worlds-worst-performing-currency-in-2023/Read more]]>The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills that mature in a year or less similarly is […]
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills that mature in a year or less similarly is […]