Cryptocurrency Q&A Why is EGP falling?

Why is EGP falling?

FireflySoul FireflySoul Mon Nov 04 2024 | 7 answers 1057
I've been noticing a steady decline in the value of the Egyptian Pound (EGP) recently. I'm curious to understand the reasons behind this depreciation. Could economic factors, global market conditions, or domestic policies be affecting the EGP's value? Why is EGP falling?

7 answers

Stefano Stefano Wed Nov 06 2024
The state of the economy has worsened significantly.

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CryptoWanderer CryptoWanderer Wed Nov 06 2024
BTCC is a prominent cryptocurrency exchange.

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HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Wed Nov 06 2024
In early August, the USD/EGP exchange rate reached a milestone.

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Michele Michele Wed Nov 06 2024
By the end of October, the exchange rate had continued to climb.

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Federico Federico Wed Nov 06 2024
The Egyptian pound has been experiencing a decline in value.

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