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Egypt's pound keeps falling on black market ahead of IMF meeting

Published on: Friday 09 December 2022

Egypt's pound keeps falling on black market ahead of IMF meeting The gap between the official rate of the Egyptian pound against the dollar and the price on the black market has widened further, putting pressure on Egypt ahead of a crucial International Monetary Fund board meeting next week.


News source: https://www.reuters.com/article/egypt-economy/egypts-pound-keeps-falling-on-black-market-ahead-of-imf-meeting-idUSL8N32Y1NG

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