In the past few months, the US dollar has been gradually depreciating against the Egyptian pound, reaching lows of LE16.8 for buying and LE16.9 for selling. Dcode for Economic and Financial Consulting takes a look at the forces at play behind such change in the following infograph:
Depreciation
[Infograph] Losing the LE17-mark: Why the USD is depreciating against the EGP
(Photo courtesy of emi moriya/Flickr)
Business Forward Digest
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