After breaking the LE50-mark, will the US dollar exchange rate continue to rise? ...Egypt

EGYPT INDEPENDENT - Economy
After breaking the LE50-mark, will the US dollar exchange rate continue to rise?
source : EGYPT INDEPENDENT ( Egypt ) () 114
The Director of the Cairo Center for Economic and Strategic Studies, Abdel-Moneim al-Sayed, commented on the US dollar price exceeding the LE50 mark against the Egyptian pound, and future expectations for the price of the green currency in Egypt. Sayed said in a telephone interview with the privately-owned “Al-Nahar” channel, that the US dollar price in Egypt broke the LE50 barrier, during the past few days.   The future of the US dollar exchange rate in Egypt The CCESS director expected that there would be further increases in the US dollar price during the coming period (days and weeks), but they would be at very low rates. “I don’t think we should be alarmed or worried, because manufactur

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