The International Monetary Fund (IMF) welcomed Egypt’s decision to float its local currency on Thursday.
The decision will back competitiveness and attract more foreign investments to Egypt, IMF mission chief for Egypt Chris Jarvis said.
It will create a flexible system for the exchange rate that would be determined by the market’s needs, Jarvis said
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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