Regional tensions drive up dollar against Egyptian pound

by

CAIRO: The price of the US dollar rose against the Egyptian pound in recent days, with one dollar worth 49.25 Egyptian pounds. Egyptian economic experts attributed the increase to recent regional developments. “The biggest factor affecting the price of the dollar against the pound is remittances from Egyptians abroad,” says Dr. Alaa Ali, an economic expert. “If it rises, the dollar price will stabilize or fall against the pound, and if it falls, the dollar price will rise, and thus the pound price will fall,” the economist told Arab News.

Leave a Comment

URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL URL