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The Pound Continues Its Decline Against the Dollar, Reaching a Record Level After the IMF Agreement

Dubai, United Arab Emirates - The price of the Egyptian pound against the dollar dropped by 7.7% during trading on Wednesday, with the greenback reaching 29.63 pounds for buying and 29.76 pounds for selling at the Central Bank - marking a new record level - and the pound continues its decline against the dollar by more than 100% since the decision to devalue.

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Wednesday, 11 January 2023 at 19:09·4 minutes read

The Pound Continues Its Decline Against the Dollar, Reaching a Record Level After the IMF Agreement

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