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How the Egyptian Pound Hit an All-Time Low - Publication Date |
- Jan 27, 2023
- Episode Duration |
- 00:27:21
Are eggs now a luxury item? For the past year an economic crisis has been brewing in Egypt, only to be dramatically exacerbated by Russia's war in Ukraine. And now while inflation reaches new heights, the Egyptian pound has reached an all-time low. Everyday life is becoming tougher and tougher for Egyptians but will the IMF continue to offer lifelines? Can President Abdel Fattah El-Sisi can find a solution? And is another revolution on the horizon for Cairo?
To discuss these issues, Gregg Carlstrom, Middle East correspondent for The Economist and Vivian Yee, Cairo Bureau Chief for the New York Times, join our host for this episode, international reporter Lama Khayer.
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