{"id":5100,"date":"2022-10-03T19:48:54","date_gmt":"2022-10-03T19:48:54","guid":{"rendered":"https:\/\/gulftimes.ae\/egyptian-pound-weakens-the-most-in-four-months\/"},"modified":"2022-10-03T19:48:54","modified_gmt":"2022-10-03T19:48:54","slug":"egyptian-pound-weakens-the-most-in-four-months","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=5100","title":{"rendered":"Egyptian pound weakens the most in four months"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Mon, 2022-10-03 23:28<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tCAIRO:\u00a0Egypt weakened its currency on Monday by the most in more than four months, with the Egyptian pound falling by more than 0.10 pounds to the dollar, according to Refinitiv data.<\/p>\n<p>\n\tThe pound was trading at 19.62 to the dollar at 1337 GMT, down from 19.49 at the open.<\/p>\n<p>\n\tForeign currency has dried up in Egypt over the last six months, forcing banks and importers to scramble to find dollars to pay for imports and putting pressure on the central bank to let its value weaken.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2174506\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mon, 2022-10-03 23:28 CAIRO:\u00a0Egypt weakened its currency on Monday by the most in more than four&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-5100","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v27.4) - 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