Tag: EGP devaluation

Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?

Unofficial market and analysts increase pressure on CBE’s governor

Hossam Mounir Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir Hossam Mounir

Banking expert warns against further EGP devaluation, unless CBE is prepared

The CBE should have enough dollar liquidity to control the market, otherwise…

Hossam Mounir Hossam Mounir

Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

Hossam Mounir Hossam Mounir