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IMF looks for Egyptian currency flexibility after end of December, official says

Published on: Monday 19 December 2022

IMF looks for Egyptian currency flexibility after end of December, official says The International Monetary Fund will be watching for a shift by Egypt to a flexible exchange rate after a requirement to finance imports through letters of credit is phased out at the end of this month, a senior IMF official said on Monday.


News source: https://www.reuters.com/markets/currencies/imf-looks-egyptian-currency-flexibility-after-end-december-official-says-2022-12-19/

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