The depreciation of the Egyptian pound against the dollar slowed after the approval of the IMF loan
Amr El Alfy, head of research at Prime Holding Company, said it was better for the Egyptian economy to see a flexible and gradual decline in the pound against other currencies, especially the US dollar. Al-Alfi added, in an interview with Al-Arabiya, that: Currency devaluation helps the Egyptian economy To absorb any global crises that … Read more