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Egypt’s Pound Plunges to New Low as Trump Tariffs Roil Markets
Egypt’s currency plunged the most since last year’s devaluation to hit a record low after US President Donald Trump’s tariffs ...
Hebdo Ahram19d
Egyptian pound plunges to record low against US dollar
According to the official exchange rate of the Central Bank of Egypt (CBE), the Egyptian pound traded at 19.57 against the dollar, weakening further than the previous record low of EGP 19.56 back ...
Al-Monitor2y
Egypt's pound plunges to historic low with IMF deal
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
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Egypt’s Pound Falls to Lowest Since March as IMF Review Goes On
The pound is trading at about 49.8 against the US currency, its weakest since Egypt let it plunge nearly 40% in ... the International Monetary Fund and Egyptian officials discuss the government ...
Al-Monitor2y
Egyptian pound plummets after interest rate hike, exchange rate change
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Al Bawaba News1y
Egypt devalues its pound with record interest rate hike
The Egyptian pound jumped from 30 to 50 vs the dollar in a single day. However, Bloomberg adds that Egypt is hoping by attracting foreign investments with higher interest rates it can partially ...