11 April, 2026

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Devaluation

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IMF more than doubles Egypt bailout deal to $8bn following pound devaluation

IMF more than doubles Egypt bailout deal to $8bn following pound devaluation Many now fear an imminent rise in fuel

Middle East Eye March 7, 2024

Egypt pound devaluation ‘just a band-aid’ as inflation spiral looms

Egypt pound devaluation ‘just a band-aid’ as inflation spiral looms Cash-strapped Egyptians describe ‘humiliation’ of economic crisis, while analysts say

Middle East Eye February 4, 2024