Question
Egyptian pound has gone through some volatility since it was floated in November 2016 until today.This could be broken down in 4 main phases as
Egyptian pound has gone through some volatility since it was floated in November 2016 until today.This could be broken down in 4 main phases as follows:
Phase 1: From floatation till June 2018
Phase 2: From June 2018 - December 2018
Phase 3: From January 2019 - February 2020
Phase 4: Coronavirus worldwide outbreak
1) What actions (if any) were taken by the Central Bank of Egypt in response to these market changes in these 4 phases.What was the intended outcome which made CBE take such actions in these 4 phases?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
