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  2. British currency in the Middle East - Wikipedia

    en.wikipedia.org/wiki/British_currency_in_the...

    This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3. The Egyptian pound continued with its exchange rate of £E = £1 0s 6d sterling until the beginning of the 1960s.

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. List of circulating currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_currencies

    Egypt: Egyptian pound: LE ... However, excluding the pegged (fixed exchange rate) currencies, ... AED Fils: 100 United Kingdom: Sterling £ GBP

  5. Egypt secures IMF deal after pound plunge, bumper rate hike - AOL

    www.aol.com/news/egypt-lets-pound-plunge-record...

    The currency weakened to beyond 50 Egyptian pounds to the dollar - far beyond previous records - from about 30.85 pounds, a level Egypt has for months tried to defend. It closed at 49.4 to the dollar.

  6. Egyptian pound - Wikipedia

    en.wikipedia.org/wiki/Egyptian_pound

    This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3. The Egyptian pound was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it was under British occupation and later an ...

  7. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    In 1944, the Bretton Woods Accord was signed, allowing currencies to fluctuate within a range of ±1% from the currency's par exchange rate. [30] In Japan, the Foreign Exchange Bank Law was introduced in 1954. As a result, the Bank of Tokyo became a center of foreign exchange by September 1954. Between 1954 and 1959, Japanese law was changed to ...

  8. Egypt’s inflation rate sets record high at 36.8% in June ...

    www.aol.com/news/egypt-inflation-rate-sets...

    Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday.

  9. Foreign exchange spot - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_spot

    The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly US$1.5 trillion, counting 37.4% of all foreign exchange transactions. [1] FX spot transactions increased by 38% to US$2.0 trillion from April 2010 to April 2013. [2]