Egypt's Currency Crisis! - Patrick Boyle On Finance

What this episode covers

Send us a textEgypt allowed its pound to tumble to a new low this week as the country struggles with a foreign currency crisis that is hurting businesses.The slump in the currency comes after Egypt agreed to move to a flexible currency regime as part of an IMF $3bn bailout intended to help relieve its foreign currency shortage.Since the central bank said it would move to a flexible currency rate in October, the pound has lost a third of its value as it has allowed it to devalue in phases. Ana...

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Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 22 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on January 14, 2023.

What is this episode about?

Send us a textEgypt allowed its pound to tumble to a new low this week as the country struggles with a foreign currency crisis that is hurting businesses.The slump in the currency comes after Egypt agreed to move to a flexible currency regime as...

Can I download this Patrick Boyle On Finance episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.