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The Egyptian Devaluation – One Year Later
- January 2, 2018
- Posted by: Mona Abisourour
- Category: Africa, Blog Category
No CommentsOver one year ago, on November 3rd, 2016, the Central Bank of Egypt floated the Egyptian pound in an attempt to stabilize the economy which had been set back by a shortage of foreign currency inflows and political instability. Among the key goals behind the floatation was to meet one of the key demands of the