In ancient Egypt, money didn't exist. So people were paid with things like sacks of grain. And as well as making bread with it, they could also use some of the grain to exchange for clothes ...
Egypt announced on Thursday that it is floating its currency for the first time in decades. MEE looks at what this will mean for ordinary Egyptians, and why the central bank has taken this drastic ...
Back in Ancient Egypt there was no such thing as money. If Ancient Egyptians wanted something they didn't have they had to tradesomething they did have to get it. Debens were used to measure out ...
Egypt's central bank floated the pound on Thursday in an attempt to stabilize its economy, which has been hampered by a shortage of dollars. The currency was initially devalued by 32.3% to about ...
C AIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an ...