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Economic expert reveals Egyptian pound outlook for the coming two months

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Egypt Independent
“Economic expert reveals Egyptian pound outlook for the coming two months”

Economist Mohamed Anis has described the declines seen on the Egyptian Exchange over the past week as “paper losses” rather than actual, realized losses. In a phone interview with “Hadith al-Qahira” (Cairo Talk), he attributed this downturn to the sale of shares, undertaken to generate liquidity for the upcoming initial public offering (IPO) of Banque … The post Economic expert reveals Egyptian pound outlook for the coming two months appeared first on Egypt Independent .

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