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The Egyptian pound plunged after the central bank moved to a flexible currency to help the government secure a deal with the International Monetary Fund. According...
Domty, an Egyptian cheese maker, has reported a 3.8 percent decrease in net profits quarter-on-quarter due to the currency devaluation and rising global inflation. 50.5 million...
Egyptian Pound reached a new low against dollar on the black market today, to hit EGP 13 per dollar, as talks about devaluation rise. Official dollar exchange rate remained at EGP 8.88,...