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3232Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime
https://www.digit.info/report-egyptian-pound-reaches-new-low-against-us-dollar-despite-flexible-exchange-rate-regime/
Mon, 16 Jan 2023 06:30:04 +0000https://www.digit.info/2023/01/16/report-egyptian-pound-reaches-new-low-against-us-dollar-despite-flexible-exchange-rate-regime/Read more]]>The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have […]
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have […]