Egyptian Pound Stabilizes Post-Devaluation: Analyzing the Impact of IMF Deal and Economic Resilience Boost
Key Takeaways: 💰 Egyptian pound held steady after devaluation and shift to flexible exchange rate system 📈 More flexible exchange rate seen as crucial for restoring investor confidence 💵 Egypt planning big deals for liquidity and stabilization of prices 📉 International bonds declined after initial boost, trading at early March levels 🔄 Central bank committed … Read more