CBE Governor explains reasons for Egyptian pound’s historic drop against US dollar
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Central Bank of Egypt (CBE) Governor Hassan Abdalla reaffirmed the bank’s commitment to a flexible exchange rate policy in his first comments following the Egyptian pound reaching a historic low against the US dollar. The Egyptian pound closed at 55.35 per dollar in commercial bank trading on Thursday, a record low that surpassed the previous … The post CBE Governor explains reasons for Egyptian pound’s historic drop against US dollar appeared first on Egypt Independent .
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- https://www.egyptindependent.com/cbe-governor-explains-reasons-for-egyptian-pounds-historic-drop-against-us-dollar/
- Published
- 23/10/2026 13:18 UTC
- Captured
- 23/10/2026 13:40 UTC
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