Egyptian Pound Hits Record Low of 56 per US Dollar
The Egyptian pound reached a record low of 56 to the US dollar on Monday, according to LSEG data.
The Egyptian pound hit a record low of 56 pounds to the US dollar on Monday, LSEG data showed, before a parliamentary vote expected to authorise the armed forces to provide defensive support to Saudi Arabia against Yemen's Iran-aligned Houthis if requested.