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News Wire / economy

Egyptian Bondholders Sell Bonds For Dollars Amid High Rate

BBC Arabic Cairo 50d50d Impact 6
Egyptian bondholders are choosing to retain their investments in government bonds rather than selling them in Egyptian pounds. This decision is driven by a high dollar exchange rate, which would result in losses if they were to sell and then purchase dollars.

Topics

bonds currency exchange rate

Developing

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Sources · 7 independent

BBC Arabic

“الأفضل لهم استثمارهم أنهم يحتفظوا بالسندات حتى سعر الدولار يرتفع بدلاً ما يبيعوا سندات الحكومة المصرية بالجين المصري ويشتروا الدولار بسعر مرتفع.”

BBC Arabic

“بدلاً ما يبيعوا سندات الحكومة المصرية بالجين المصري ويشتروا الدولار بسعر مرتفع.”

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