foreign exchange auction on Thursday. Egypt - Exchange Rate Data, exchange Rate (vs USD).184.108.40.206.78, egyptian pound (EGP) per.S. However, the size of the foreign exchange devaluation was much larger than the expectations of JP Morgan and the market. Although the decision has been well received by investors and economists alike, the mood within the country is far from sanguine. Egypt - Exchange Rate, central Bank free floats the pound. Will USD/EGP rate go up? Moreover, the past performance of our models is not necessarily indicative of future results. The move towards a free floating regime was a necessary condition for the IMF board to consider granting Egypt a USD.0 billion loan, which would help plug the severe fiscal deficit the country is set to run this year.
If you are looking for Forex pairs with good return, usdegp can be a profitable investment option. Dollar to Egyptian Pound forecast on Wednesday, November, 28: exchange rate.7104. Egyptian, pounds, maximum.9761, minimum.4447.
The Egyptian Pound is expected to trade.95 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Our predictions are made. This page provides - Egyptian Pound - actual values, historical data, forecast, chart, statistics, economic calendar and news. Furthermore, the sharp foreign exchange adjustment, fiscal reforms, and the increase in energy prices will push inflation renko trading strategy hindi to its highest level since 2008, reaching more than 30 by the second quarter of 2017. Solutions Languages Copyright 2018 trading economics All Rights Reserved.