BREAKING: Egypt has granted market forces the authority to determine the exchange rate of the Egyptian Pound (EGP).

On Wednesday morning, the Central Bank of Egypt (CBE) made a surprising decision to implement a flexible exchange rate system for the Egyptian pound (EGP), granting market forces the responsibility of determining its value.

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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