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Egyptian pound slides
January 11th, 2023 - 09:52 GMT

Egyptian pound plunges to historic low

ALBAWABA — The Egyptian pound slipped to another record low on Wednesday as the country moved forward with needed monetary policies to try and prop up its beleaguered economy. The currency’s drop of over 10 percent was the largest single fall since late October, trading at 31.95 pounds to the dollar before clawing back to around 27, according to the currency website Xe. It has been trading at around 35 ...
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