devaluate Archives - Middle East Observer

September 28, 2023

Egypt not likely to devalue its local currency before end of June: Bloomberg

May 12, 2023 MEO Staff

According to Bloomberg, the Egyptian ‘pound devaluation bets ease as Citigroup Inc. sees no short-term move’. Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the central [ More … ]

Egypt: Local currency sees largest single-day fall since IMF deal

January 7, 2023 MEO Staff

The Egyptian pound tumbled last Wednesday in its largest single-day slide since the cash-strapped government agreed to a $3 billion International Monetary Fund deal in mid-December, reported Associated Press, citing authorities. The Egyptian pound fell [ More … ]

devaluate

Egypt not likely to devalue its local currency before end of June: Bloomberg

Egypt: Local currency sees largest single-day fall since IMF deal

Egypt: U.S. military aid to Egypt under scrutiny after Sen. Menendez indictment

Egypt: IMF reportedly agreed to merge first two reviews of reform program

A key watchdog calls for suspending military aid to Egypt after Menendez indictment

Egypt: Leading opposition politician ‘Ahmed Altantawy’ with spyware, report

Egypt: Sisi’s regime fails to alleviate the country’s growing debt burden