Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
Capital Economics, an independent economic research business based in the UK, noted that Egypt’s agreement with the International Monetary Fund (IMF) for the next loan is on the way – and with it, a devaluation of the Egyptian pound. Inflation in Egypt is slowing down, according to the report but will remain above the central …
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Egypt Independent
January 12, 2024
