We think that the Egyptian pound needs to fall a lot further which, in the near-term, will push up inflation and harm the sovereign debt position. But it will be key to boosting Egypt’s external competitiveness and attracting foreign investment, thereby supporting Egypt’s long-term growth prospects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services