Dossier
Egyptian Pound
Coverage of Egyptian Pound in the Nexus archive.
- Egypt Inflation Cools to 12.2%, but Rates Stay at 19%
Egypt's inflation dropped to 12.2% in June for the third consecutive decline, but the central bank maintained interest rates at 19% due to rising core prices and a weakened Egyptian pound.
- IMF Says Egypt Has Built Buffers to Tackle Shocks as Pound Gains
The IMF has stated that Egypt has established economic buffers to manage potential shocks, coinciding with the Egyptian pound's recent gains. The report highlights the country's improved financial resilience amid global uncertainties.