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The Pound Is Retrieving 29% of Its Real Retreat Since 2024 - the Stock Exchange.
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MASUD: The dollar is between £52 and £53.5 by the end of the year. The gradual weakening of the pound scenario is essential. A report by the Kairo Combas Centre of the Macroeconomic Tracking Unit showed that the Egyptian pound is going through a phase of competitive rebuilding, having recovered only about 29% of the real decline in its value following the 2024 float, while funding indicators show [...] the pound is retrieving 29% of its real dec…
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