President AbdelFatah al Sisi will meet with ministerial economic group on Thursday to review latest economic conditions after the Egyptian pound weakened on the parallel market reaching over 13 EGP against the dollar on the black market.
The unprecedented rise comes at a time when the Central Bank of Egypt (CBE) maintained its rate at EGP 8.78 on Wednesday.
The meeting will be attended by CBE Governor Tarek Amer, who earlier this month signaled the possibility of another devaluation.
