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الأخبارالمتعلقة بالكاتب Andrew Torchia
Egyptian authorities are happy with financial market movements since they floated the pound, and inflows of foreign exchange into the banking system are surging
A $12 billion loan by the International Monetary Fund to Egypt highlights the extent of the multilateral lender's re-engagement with the Middle East.
By bringing the Egyptian pound down to levels which the markets consider fair value, the devaluation promises to attract fresh capital into the country.
Aswat Masriya English