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Capital Economics forecasts Egypt’s GDP at 5% in FY2024/25

Capital Economics expects Egypt’s gross domestic product (GDP) growth to hit 5% in fiscal year (FY) 2024/2025, Emerging Markets Economist James Swanston said in a research note.

Updated 1/23/2025 8:36:00 AM
Capital Economics forecasts EGP to dip to 49/USD by end-2024

Capital Economics expects a drop in the exchange rate of the Egyptian pound to reach 49 against the US dollar by the end of 2024, compared to the current average rate of EGP 47.

Updated 3/26/2024 1:12:00 AM
IMF loan extension for Egypt could trigger EGP devaluation: Capital Economics

Capital Economics said that it is certain that the increase in the size of Egypt's $3 billion from the International Monetary Fund (IMF) will be accompanied by a devaluation of the Egyptian pound, Al Arabiya reported.

Updated 1/11/2024 12:02:00 PM
Capital Economics expects 23% fall in EGP rate against USD

Capital Economics projects a 23% drop in the exchange rate of the Egyptian pound to reach EGP 40 against the US dollar during the upcoming monetary policy meetings of the Central Bank of Egypt (CBE).

Updated 12/10/2023 5:00:00 AM