A currency exchange bureau in Cairo. The Egyptian pound could fall to as low as 17 to the dollar by the end of the year, one analyst forecasts. Photo: Bloomberg
A currency exchange bureau in Cairo. The Egyptian pound could fall to as low as 17 to the dollar by the end of the year, one analyst forecasts. Photo: Bloomberg

Economy

Egyptian pound falls to lowest level in seven months

Signs central bank is loosening controls lead economists to forecast further currency weakening

Reuters

June 04, 2020

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