Egypt Makes Fourth Rate Cut of the Year After Pound Strengthens

Egypt Makes Fourth Rate Cut of the Year After Pound Strengthens

Egypt made its fourth interest-rate cut of the year, taking advantage of a stronger currency and inflation that’s at its lowest since 2022.

Egypt’s pound strengthens against dollar in early Thursday trade

Egypt’s pound firmed against the US dollar in early Thursday trading, according to official rates published by major banks at 12:04 a.m. local time …

Egyptian Pound continues Upward Trend against US Dollar

The Egyptian pound continued its upward momentum against the US dollar on Wednesday.