international Monetary Fund (IMF) Archives

October 4, 2023

The Egyptian Pound Continues Its Decline In Black Market Trading

July 20, 2016 Ahmed Rashed

The Egyptian pound continues its decline in black market trading, with speculations that policy makers will weaken the official exchange rate to end the country’s shortage of foreign currency, reported Bloomberg. According to the average quote [ More … ]

CBE Governor: Egypt Is to Witness Further Currency Devaluation

July 4, 2016 Ahmed Rashed

The Central Bank of Egypt’s Governor Tarek Amer considered the focus on defending the Egyptian pound over the past five years was a “grave mistake,” signaling the possibility of another devaluation after he weakened the [ More … ]

international Monetary Fund (IMF)

The Egyptian Pound Continues Its Decline In Black Market Trading

CBE Governor: Egypt Is to Witness Further Currency Devaluation

Egypt: U.S. ‘Senate begins to stand up to Egypt’s dictator’: WP

Morgan Stanley downgrades Egypt’s credit rating amid looming risks; non-oil activity contracts for 34th. month in a row

Torture in Egypt a ‘crime against humanity’, say rights groups

US senior Senate, House democrats support blocking military aid to Egypt

As Egypt’s economy struggles, UAE and Egypt agree to a currency swap deal