![Can floating Egyptian pound kill foreign currency black market? - Al-Monitor: Independent, trusted coverage of the Middle East Can floating Egyptian pound kill foreign currency black market? - Al-Monitor: Independent, trusted coverage of the Middle East](https://www.al-monitor.com/sites/default/files/styles/social_media_share/public/2022-10/GettyImages-1242710165.jpg?h=a5ae579a&itok=b_l6AezN)
Can floating Egyptian pound kill foreign currency black market? - Al-Monitor: Independent, trusted coverage of the Middle East
![The Egyptian pound is still being fixed to the dollar. When comparing to the euro, they both follow the same pathway. : r/Egypt The Egyptian pound is still being fixed to the dollar. When comparing to the euro, they both follow the same pathway. : r/Egypt](https://preview.redd.it/the-egyptian-pound-is-still-being-fixed-to-the-dollar-when-v0-qrl95uhxe8y81.jpg?width=640&crop=smart&auto=webp&s=ea40af03a6ee13f2ea2b2359756623671ef463dc)
The Egyptian pound is still being fixed to the dollar. When comparing to the euro, they both follow the same pathway. : r/Egypt
![Egyptian pound hits nominal record low ahead of IMF deal - Al-Monitor: Independent, trusted coverage of the Middle East Egyptian pound hits nominal record low ahead of IMF deal - Al-Monitor: Independent, trusted coverage of the Middle East](https://www.al-monitor.com/sites/default/files/styles/social_media_share/public/2022-10/GettyImages-1242710459.jpg?h=d157d6ba&itok=0hLOzp5_)
Egyptian pound hits nominal record low ahead of IMF deal - Al-Monitor: Independent, trusted coverage of the Middle East
![Egyptian pound falls by 17% vs dollar, 19% vs euro after adoption of 'flexible exchange-rate regime' - Economy - Business - Ahram Online Egyptian pound falls by 17% vs dollar, 19% vs euro after adoption of 'flexible exchange-rate regime' - Economy - Business - Ahram Online](https://english.ahram.org.eg/Media/News/2022/10/27/41_2022-638024809753577532-357.jpg)
Egyptian pound falls by 17% vs dollar, 19% vs euro after adoption of 'flexible exchange-rate regime' - Economy - Business - Ahram Online
![Robin Brooks on Twitter: "Egypt this week devalued 15%. Key thing now is to not repeat the mistake after the 2016 devaluation, when the Pound was re- pegged against USD (blue). That - Robin Brooks on Twitter: "Egypt this week devalued 15%. Key thing now is to not repeat the mistake after the 2016 devaluation, when the Pound was re- pegged against USD (blue). That -](https://pbs.twimg.com/media/FOrzXZXXwAcsqWF.png)