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A Sudden Rise in the Price of the US Dollar Against the Egyptian Pound - Arab Economy
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What caused the dollar price to rise against the pound? A sudden rise in the US dollar price against the Egyptian pound. On June 12, 2025, the dollar price rose suddenly against the Egyptian pound. This is due to investors' perceptions of the Egyptian economy's position and its ability to meet its successive obligations, in addition to the increasing import bill, especially in the energy sector and the dues of gas and oil exploration companies. …
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