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Egypt secures IMF deal after pound plunge, bumper rate hike
Reuters via Yahoo News· 3 months agoCAIRO/DUBAI (Reuters) -Egypt secured an expanded $8 billion deal on Wednesday with the International...
Egypt's pound keeps falling on black market ahead of IMF meeting
Reuters via Yahoo Finance· 1 year agoThe gap between the official rate of the Egyptian pound against the dollar and the price on the...
Egypt Central Bank: Pound slips to new low against dollar
Associated Press via Yahoo News· 1 year agoThe Egyptian pound dipped to a new low Monday of just over 30 for $1, as the cash-strapped North...
Egypt: Shift to Flexible Exchange Rate Is Crucial Even at Risk of Exacerbating Debt Challenges
FX Empire via Yahoo Finance· 1 year agoEgypt’s shift toward a flexible exchange rate promises multiple benefits but creates difficult...
Egypt Devaluation Rages Again as New Currency Policy Moves Ahead
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Most Read from BloombergUS Inflation Cools Again, Putting Fed on Track to...
Egyptian Pound Has Bears Betting on 14% Drop as IMF Deal Nears
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Investors are bracing for steeper declines in the Egyptian pound, with the North...
Egyptian Pound Rises on Black Market Amid Muted Dollar Demand
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Egypt’s pound has rallied 12% on the local black market over the past week as demand...
Egyptian Inflation Shock Makes Huge Rate Hike Likely for Goldman
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Most Read from BloombergStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was...
Egypt Devaluation Calls Grow Louder, Longer as Crunch Time Nears
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Traders are on a record-long streak of hedging against a decline in the Egyptian...
Egypt floats its currency and agrees with the IMF to increase a bailout loan to $8 billion
Associated Press Finance via Yahoo Finance· 3 months agoEgypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to...