How the Egyptian Pound Hit an All-Time Low

Intelligence Squared

Arts, News, Society & Culture, News Commentary

4.2 • 1.1K Ratings

🗓️ 27 January 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Kraken Pro.
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0:46.6	case and take your business to the next level today.
0:51.8	I'm Connor Boyle, senior producer at Intelligent Squared.
0:55.7	Today on the podcast, we're taking a look at Egypt's ongoing economic crisis.
1:00.5	We're joined by Vivian Yee, Cairo Bureau Chief for the New York Times and Greg Karlstrom
1:05.8	Middle East correspondent for the Economist to explore how the Egyptian pound has hit
1:11.4	an all-time low and what's next for President LCC's government.
1:17.7	Our host for this episode is Lamahair, international journalist and reporter for the BBC, NBC
1:24.1	and Al Arabi.
1:25.7	Here's Lamah with more.
1:31.6	The Egyptian pound has hit an all-time low and is the world's worst performing currency
1:36.3	this year.
	...

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