The Chairman of the Plan and Budget Committee in the Egyptian House of Representatives and former expert at the IMF, Fakhry al-Fiqi, on Sunday said that he predicts that the US dollar exchange rate in the parallel market will decrease following the Ras al-Hikma deal. During a phone-in with al-Hadath al-Youm TV channel, Fiqi said that the equilibrium price of the US dollar during the next six months, in light of the hoped-for availability of Ras al-Hikma project and the conclusion of the agreement with the IMF, could be in the range of LE45. Unifying the exchange rate will be of the utmost importance, he stressed, indicating that determining the equilibrium price of the currency is linked to
Hence then, the article about us dollar exchange rate to stabilize in six months mp was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( US dollar exchange rate to stabilize in six months: MP )