Egypt Currency Devaluation 2025. 2025 Calendar Egypt Currency Exchange Timmy Modesty The Egyptian pound is expected to continue fluctuating throughout 2025, according to a recent report from BMI, the research arm of Fitch Solutions, with projections indicating that it will trade between EGP 50-55 against the USD This outlook, which has been active since March 2024, underscores the country's potential for progress in reducing its debt service burden and improving its external financial position.
The EGP Devaluation A new beginning from www.pwc.com
The Egyptian pound is expected to continue fluctuating throughout 2025, according to a recent report from BMI, the research arm of Fitch Solutions, with projections indicating that it will trade between EGP 50-55 against the USD The Egyptian pound may recover in early 2025, indicating a potential increase in value
The EGP Devaluation A new beginning
Analysts forecast that the CBE will start its monetary policy easing cycle in 2025 as inflation will trend further down, from 29.0% in 2024 to 11.8% in 2025, ending the year around. Funds from the $3 billion December 2022 IMF loan package were never disbursed because the central bank never transitioned the pound from a fixed to a floating exchange rate as stipulated. By the end of the year, the currency is forecast to settle around EGP 52.5 per dollar.
Egypt strives to maintain economic stability amid high inflation, currency devaluation. Funds from the $3 billion December 2022 IMF loan package were never disbursed because the central bank never transitioned the pound from a fixed to a floating exchange rate as stipulated. In addition, the IMF Executive Board approved the authorities' request for an arrangement under the Resilience and Sustainability Facility (RSF), with access of about US$1.3 billion (SDR 1 billion)
News 2024 Egypt Inflation Sissy Philomena. Morgan Stanley noted Egypt's inflation would "drop to around 15% in early 2025 with month-on-month inflation returning to levels seen before 2022, [eventually] stabilizing at around. Egypt's 46-month EFF arrangement was approved on December 16, 2022