Hope for the best, but...

Mena Habeeb

If you are among the people seeking positive news in Egypt, you will be glad to hear that US dollar decline against the pound and registered 16 EGP especially as the dollar declined against the pound at unprecedented rates since the flotation on 3 November 2016, to hit EGP 16.00 on Tuesday compared to EGP 19.50 mid-December 2016. Those who stored the dollar are heading to the banks to sell their stock before they