Egypt's currency steadies after devaluation, IMF deal
Рет қаралды 1,440
4 ай бұрынAfter months of protracted talks, Egypt finally sealed an expanded 8 billion U.S. dollar loan programme with the International Monetary Fund. Egypt's central bank also announced a shift to a more flexible exchange rate. The Egyptian pound closed at 49.5 to the U.S. dollar on Thursday. The bank had held the currency at just under 31 pounds to the dollar for about a year.
Subscribe to us on KZfaq: ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: / cgtnafrica
Twitter: / cgtnafrica
Instagram: / cgtn_africa
@youme1414 4 ай бұрын
Egypt is also entering this IMF trap like Nigeria. African countries can't learn.
@chicago9458 4 күн бұрын
What are you talking about? The people of these countries have equal responsibility as their governments. The consumption of non-essential consumer goods by the people is exhausting the forex reserves of these countries for essential goods. The people get the government they deserve… as the saying goes!
@chicago9458 4 күн бұрын
What are you talking about? The people of these countries have equal responsibility as their governments. The consumption of non-essential consumer goods by the people is exhausting the forex reserves of these countries for essential goods. The people get the government they deserve… as the saying goes!
Observer Research Foundation
Рет қаралды 139 М.
Eater Straw Hat
Рет қаралды 26 МЛН
Jason Derulo
Рет қаралды 105 МЛН
BBC News عربي
Рет қаралды 52 М.
The Wall Street Journal
Рет қаралды 1,5 МЛН
Democracy Now!
Рет қаралды 13 М.
Eater Straw Hat
Рет қаралды 26 МЛН