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Egypt's Pound Plummets to Record Lows Amid Ongoing IMF Negotiations

Egypt's Pound Plummets to Record Lows Amid Ongoing IMF Negotiations
6 months ago

In a concerning development for Egypt's economy, the national currency, the Egyptian pound, has hit its lowest value since March. This decline comes at a critical juncture as Egypt is engaged in ongoing discussions with the International Monetary Fund (IMF) regarding a bailout agreement and economic reforms.

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