Egypt's government has ruled out an upcoming currency devaluation against the US dollar that coincides with the current visit of a delegation from the International Monetary Fund (IMF), describing possible scenarios as “mere speculations.” During a phone interview with a talk show broadcast on satellite channel Al-Hadath Al-Youm on Saturday evening, the cabinet’s official spokesman Mohamed El-Homsany told host Sayed Ali that "the outcome of the meetings between Egyptian officials and the IMF delegation would be announced after negotiations over a new deal with new terms are concluded". The IMF mission, led by Mission Chief for Egypt Ivanna Vladkova Hollar, has been in
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