Welcome to the Egyptian Pound exchange rate & live currency converter page. The Egyptian Pound (EGP) exchange rates represented on this page are live, updated every minute within the forex market ...
To convert Pounds to Egyptian Pounds or determine the Pound Egyptian Pound exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate ...
“Floating the currency” is a phrase used by many but understood by few. Essentially, it means the government is no longer controlling the value of the Egyptian pound compared to other currencie ...
The Egyptian pound fell against the dollar on Tuesday ... from the European Union and the World Bank. It’s a positive sign for Egypt’s financial support. Those agreements have improved ...
As for what a devalued currency means for Egypt ... run and is likely a welcome sign for foreign investors. As Tuvey explained in greater detail: "By floating the pound, the central bank will ...