The Egyptian pound has experienced noticeable fluctuations against the US dollar in recent days, reflecting a combination of domestic and global factors, particularly the following six:
First: Revenues have improved, but financing needs have grown even faster
The issue cannot be measured solely by the volume of incoming flows. It must also take into account accumulated demand and outstanding obligations.
Regional and international geopolitical tensions since the end of last February have prompted widespread precautionary pricing and increased immediate demand for foreign currency among importers and businesses seeking to secure inventories and meet their requirements.
Under a flexible exchange rate regime, upward and downward movements in the exchange rate reflect the balance between supply and demand.
Improved inflows have faced substantial pressure from external debt repayments,…
