February 6, 2023
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Homefunding gap

funding gap

Egypt Latest News

Egypt: ‘Urgent need to devaluate local currency by over 20%’, report

August 10, 2022 MEO Staff

The Egyptian pound needs to weaken about 23% to help the economy adjust and reduce Egypt’s funding gap, according to Bloomberg Economics. The world’s biggest banks say the Egyptian local currency is too expensive, but [ More … ]

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