Egypt’s currency plunges to historic low, billions in foreign funds exit
MSNRédaction Africanews
Egypt’s currency plunges to historic low, billions in foreign funds exit
The Egyptian pound fell on Sunday to its lowest level on record, dropping for the first time below 52 pounds to the US dollar on official markets.
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These are older Egyptian Pound banknotes issued by the Central Bank of Egypt. The designs are inspired by ancient Egyptian culture, showing pharaonic figures, reliefs, and scenes of daily life in ancient times. The Egyptian Pound is still Egypt’s official currency today, but these specific designs come from older series and are no longer printed. Over time, they were replaced by newer banknotes with updated security features. While these notes have little monetary value today, they offer a fasci
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