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الاقتصادية
Source: الاقتصادية
4 Hrsالاقتصادية
Source: الاقتصادية
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An assessment of the ten years since the pound was floated on November 3, 2016, concludes that the decision addressed an important part of the currency crisis but was not enough to eliminate structural imbalances, and Egypt continued to face recurring pressures in the foreign-exchange market. The dollar rose from 8.88 pounds before the flotation to about 55.48 pounds, amid the effects of successive external crises, including foreign investors’ withdrawal in 2018, the COVID-19 pandemic, and the wars in Ukraine, Gaza, and Iran.
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