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الوطن
Jabbalallah: Exchange rate flexibility boosts investor confidence
Dr. Walid Gaballah emphasized that the flexibility of the exchange rate in Egypt has contributed to increasing investor confidence, helping the economy to overcome crises. This was particularly evident after approximately $8 billion in hot money exited the country at the start of the Iranian conflict, only to return later thanks to the government's commitment to flexible and supportive economic policies. This approach has strengthened the diversity of the Egyptian economy and its resilience to shocks.
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