Egypt Pound Plunges Again in Third Devaluation in Less Than Year

Published on: Tuesday 03 January 2023

(Bloomberg) -- Most Read from BloombergShopify Tells Employees to Just Say No to MeetingsFed Affirms Inflation Resolve, Pushes Back Against Rate-Cut BetsChina’s Foreign Minister Says ‘Deeply Impressed’ With AmericansWhy Conservatives Are Blocking McCarthy as Speaker — and Throwing Congress Into ChaosThe Egyptian pound plunged to a record low on Wednesday as authorities navigate the country’s worst foreign-exchange crunch in half a decade.The currency headed for its biggest slump since a devaluat

News source: https://news.yahoo.com/egypt-pound-heads-biggest-drop-101719062.html

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My Financial News from Ismailia, Egypt

Egypt Pound Plunges Again in Third Devaluation in Less Than Year