Exchange Rates: Outlook

March 2012
Egypt Country Monitor;Mar2012, p10
Country Report
The article provides an outlook on the exchange rates of Egypt. It is expected that the country's pound will be weakened against the U.S. dollar in 2012 due to the downward pressure from its political crisis such as volatility and market sentiment. The revenues of its gas and oil are expected to continue to buoy up the currency in the interim. Three charts depicting the exchange rates and their indicators are also presented.


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