parallel market

Egyptian Pound Plummets to 53.30 Against the US Dollar on the Black Market – New Currency Floatation Looming

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Egyptian Pound Plummets to 53.30 Against the US Dollar on the Black Market – New Currency Floatation Looming

The price of the Egyptian pound against the US dollar on the black market this morning, Thursday, January 4, 2024, witnessed a noticeable decline, falling to the level of 53.30 pounds. This rapid decline comes ahead of news of a new floatation of the Egyptian pound, which opens the door to questions about where the … Read more

A new collapse of the Egyptian pound after the sudden improvement and a violent blow on the black market today

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A new collapse of the Egyptian pound after the sudden improvement and a violent blow on the black market today

The prices of the Egyptian pound fell against the US dollar and foreign currencies on the black market today, Friday, December 1, after the Egyptian pound improved earlier. Exchange rates deteriorated again, and the price of the Egyptian pound against the dollar reached 48.90 for purchase and 49.90 for sale, after it declined yesterday, Thursday, … Read more