24 Hrs
Source:
بوابة الشروق
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Nashat El-Dehey defends remarks on global economy
Nashaat El-Dehy discussed the global economic situation on his program, emphasizing that the difficulty in predicting oil prices and economic fluctuations is related to international reports and not pessimism about the Egyptian economy. He clarified that these reports indicate a state of uncertainty in the global markets, and that exchange rate movements will not negatively impact the economy thanks to the existence of a unified foreign exchange market and the elimination of the parallel market. He highlighted the importance of coordination among Egyptian economic institutions, confirming that exchange rate fluctuations will not harm the country’s monetary and financial system.
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