#egyptian pound

News.Bitcoin / Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

January 24, 2023 / newsbitcoin

In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one…

News.Bitcoin / Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

January 16, 2023 / newsbitcoin

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation…

News.Bitcoin / Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition

October 28, 2022 / newsbitcoin

After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the…

News.Bitcoin / Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market

October 8, 2022 / newsbitcoin

Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept…

News.Bitcoin / Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar

October 6, 2022 / newsbitcoin

The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports…