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https://www.reuters.com/business/finance/egypts-central-bank-raises-key-interest-rates-by-200-basis-points-2022-10-27/
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Egypt's currency slides to record low after new FX regime unveiled - Reuters
10/27/22 at 8:54am
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Reuters
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Egypt's currency slid by more than 14% to a record low against the dollar on Thursday, Refinitiv data showed, after the central bank said it had moved to a "durably flexible exchange rate regime" and raised interest rates by 200 basis points.
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exchange rate regime
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