• 12:31
  • Monday ,02 December 2019
العربية

Bloomberg: Egyptian companies are reaping the fruits of EGP floating

Others

Top Stories

00:11

Friday ,29 November 2019

Bloomberg: Egyptian companies are reaping the fruits of EGP floating

 Bloomberg said in a recent report that the profits of Egyptian companies have increased to record levels as a result of floating the Egyptian pound.

It added that the inflation rate approached an unprecedented low rate, and that the foreign reserves flourished, and that the EGP achieved its best annual performance since 1999.