Answering a question about the recent Egyptian currency devaluation, the Egyptian Minister of Supplies and Internal Commerce, Hassan Khadhr, said that the devaluation is necessary and essential to ...
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Egypt floats its currency and agrees with the IMF to increase a bailout loan to $8 billionCAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an ...
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