Q: What is the Egyptian Pound worth against the Dollar? A: One Egyptian Pound is worth 0.0198 Dollars today Q: Is the Egyptian Pound going up or down against the Dollar? A: Today's exchange rate ...

CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with ... Conversely, the market typically shuns the currencies of poorly managed economies, keeping their value low.

The central bank’s announcement saw the value of Egypt’s currency plunge 39% against ... problems it has faced with shortages of foreign currencies over the previous two years.

Q: What is the Euro worth against the Egyptian Pound? A: One Euro is worth 52.9861 Egyptian Pounds today Q: Is the Euro going up or down against the Egyptian Pound? A: Today's exchange rate (52. ...

“Floating the currency” is a phrase used by many but understood by few. Essentially, it means the government is no longer controlling the value of the Egyptian pound compared to other currencies.

Answering a question about the recent Egyptian currency devaluation ... throughout the globe have recently devalued their currencies. Out of these 28 states, Egypt had the lowest devaluation ...

The Egyptian Economic and Financial Commission of the Advisory Council attributed the country’s lack of foreign currency reserves to the September 11 terrorist attacks on the United States ...