An economic expert has explained that the recent strength of the Egyptian pound is largely attributed to the weakening of the US dollar on international markets. This external factor has positively influenced local currency performance, providing temporary stability in the foreign exchange landscape. The expert projected that the exchange rate for the dollar against the pound is likely to fluctuate between 47 and 51 pounds in the coming period, depending on global monetary trends and domestic economic policies. n nThis outlook reflects broader market dynamics, including shifts in investor sentiment and central bank interventions aimed at maintaining macroeconomic balance. While the domestic economy continues to face structural challenges, the global downturn in dollar valuation has offered a window of relief for Egypt’s currency. The assessment underscores the interconnectedness of national financial systems with international movements, highlighting the importance of adaptive monetary strategies. n
— News Original —nJust a moment…nخبير اقتصادي: الجنيه يستمد قوته من تراجع الدولار عالميًا.. وسعر الصرف سيتحرك بين 47 و51 جنيهًا المصري اليوم