I am wondering if the Egyptian pound is likely to experience an increase in value during the year 2024, considering the current economic situation and factors that may affect its exchange rate.
5 answers
Carolina
Fri Nov 01 2024
The Egyptian Pound is expected to face a challenging forecast for the year 2024.
Paolo
Fri Nov 01 2024
According to predictions made by Oxford Economics, the value of the local currency is anticipated to decline.
SsangyongSpiritedStrengthCourage
Fri Nov 01 2024
By the end of 2024, the Egyptian Pound could drop to a range somewhere between 55 and 60 Egyptian Pounds per US Dollar.
BlockchainLegend
Thu Oct 31 2024
This depreciation in the currency's value might have some unexpected benefits.
SumoPowerful
Thu Oct 31 2024
One potential positive outcome of this decline is that it could help narrow the widening gap that exists with the black market.