Egypt’s Currency Drop Barely Closes Gap With Black Market Rate
The Egyptian currency slid to a new record but remains far stronger than rates quoted in the black market, underscoring the risk of further depreciation as the North African nation grapples with a foreign-exchange crunch.
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### Instruction: Egypt’s Currency Drop Barely Closes Gap With Black Market Rate

### Response: The Egyptian currency slid to a new record but remains far stronger than rates quoted in the black market, underscoring the risk of further depreciation as the North African nation grapples with a foreign-exchange crunch.