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MarketsEgypt Devaluation Rages Again as New Currency Policy Moves AheadLatest plunge narrowed the FX gap quoted on the black marketIMF says Egypt is moving forward with flexible currency policyByNetty Idayu Ismail and Mirette Magdy+FollowJanuary 11, 2023, 9:16 AM UTCUpdated onJanuary 11, 2023, 4:10 PM UTCSign up for our Middle East newsletter and follow us @middleeast for news on the region.The Egyptian pound fell to yet another record low, a sign that authorities are pressing ahead with a shift to more flexible currency trading.
