Egypt's Black Market grapples with sharp Dollar drop
According to 'Lovin Cairo' newspaper, The value of the US dollar in Egypt's informal currency market has dropped to 49 Egyptian pounds following the ann
Source: albawaba.com
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According to 'Lovin Cairo' newspaper, The value of the US dollar in Egypt's informal currency market has dropped to 49 Egyptian pounds following the ann
Despite traditional indicators pointing to a weaker dollar, Goldman Sachs suggests that risks are skewed towards sustained dollar strength, particularly against major currencies such as JPY, CNY, and EUR.