(Bloomberg) -- Egypt is mired in a grueling economic crisis that’s left its 105 million-plus people gripped by uncertainty, but one thing seems all but assured: another currency devaluation is likely ...

(Bloomberg) -- Egypt agreed on a $3 billion loan with the International Monetary Fund after sharply devaluing its currency as it seeks to shore up an economy battered by the fallout from Russia’s ...

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Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on a country struggling with a debilitating foreign-currency crunch. Consumer prices in urban ...

CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit ...

Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau said Tuesday. The state-run Central ...

Egypt devalued its pound by 14% on Monday after Russia's invasion of Ukraine prompted foreign investors to pull billions of dollars out of Egyptian treasury markets, putting pressure on the currency.

The North African country is under pressure to stick to the terms of a $3bn, 46-month financial support package signed in December with the IMF, which included a commitment to shift to a flexible ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. CAIRO (AP) — The Egyptian pound is sliding ...