{"id":553246,"date":"2022-10-30T13:39:19","date_gmt":"2022-10-30T13:39:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/"},"modified":"2022-10-30T13:39:19","modified_gmt":"2022-10-30T13:39:19","slug":"this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/","title":{"rendered":"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people"},"content":{"rendered":"<p><strong>Happy Sunday, friends.<\/strong> We\u2019re wary of calling out slow news days after our Thursday prophecy went in the polar opposite direction, but it so far appears to be a calm-ish start to the week, as most have their gaze fixed firmly on where the EGP is headed.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>EGP WATCH- The EGP is currently sitting at 24 against the greenback: <\/strong>The EGP continued its slide against the USD today, dropping an additional 4% to 24, according to data from state-owned Banque Misr and the National Bank of Egypt. The EGP was trading at 23.03 on Thursday after the central bank pledged a <a href=\"https:\/\/enterprise.press\/afternoons\/pm-taweem-3-0-sees-egp-at-23-03-against-the-greenback\/#tldr-story-06\">\u201cdurably flexible\u201d exchange rate<\/a> as we reached a staff-level agreement with the IMF.<\/p>\n<p><strong>The EGP was trading at 19.75 on Wednesday <\/strong>before the latest devaluation. The EGP has so far dropped 34.5% against the USD this year.<\/p>\n<p><strong>It could go further: <\/strong>Analysts are <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60dc5b0c-8c51-4c61-aa04-54e46a86a7c6\">penciling<\/a> in anywhere between EGP 22-25 by the end of next year, with some expecting the EGP to jump to anywhere between 25-27 against the greenback and ultimately settling at EGP 25 \/ USD 1 by the end of 2022.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>It\u2019s a toss-up in the international business press this afternoon<\/strong> between Elon Musk\u2019s Twitter takeover (<a href=\"https:\/\/www.cnbc.com\/2022\/10\/29\/a-brief-history-of-twitter-from-its-founding-in-2006-to-musk-takeover.html\">CNBC<\/a>), the disintegration of the Turkey-brokered wheat pact (<a href=\"https:\/\/www.ft.com\/content\/d772af70-7812-41a6-8a2e-c214c79ca373\">Financial Times<\/a>), and a stampede in South Korea that has killed more than 150 people (<a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/yoon-declares-mourning-south-korea-after-halloween-crush-kills-151-2022-10-30\/\">Reuters<\/a> and the <a href=\"https:\/\/www.wsj.com\/articles\/halloween-celebrations-in-seoul-lead-to-stampede-possible-injuries-11667064286?mod=hp_lead_pos7\">Wall Street Journal<\/a>).<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>What happened on Thursday?<\/strong> The Central Bank of Egypt (CBE) at the end of last week <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60dc5b0c-8c51-4c61-aa04-54e46a86a7c6\">went ahead with a series of measures<\/a> to restore liquidity to the FX market and revive investor confidence in the economy \u2014 and topped it off by announcing a USD 3 bn loan agreement from the IMF.<\/li>\n<li><strong>Chimera snaps up c.22% of MNT Investments:<\/strong> Netherlands-based MNT Investments \u2014 which is majority-owned by GB Auto subsidiary GB Capital \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c95034ed-0327-4eef-8d94-7329f3f97e13\">agreed to sell<\/a> a 21.7% stake to a unit of Chimera Investments.<\/li>\n<li><strong>The expat car import scheme is on its way:<\/strong> President Abdel Fattah El Sisi has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/82bee1e7-27a9-4e86-bf75-057a2812bbdb\">signed into law<\/a> a bill that will allow Egyptian expats to import cars and get customs and tax exemptions after paying upfront in FX.<\/li>\n<\/ul>\n<p class='web-image-inner'><img data-recalc-dims=\"1\" style='display: block' src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** It\u2019s Inside Industry day \u2014<\/strong> <strong>your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p><strong>In today\u2019s issue:<\/strong> We profile a national initiative to help accelerate the localization of industrial production and lower the country\u2019s reliance on imported goods.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>It\u2019s almost at the start of a new month- <\/strong>The key news triggers as we slide towards November:<\/p>\n<ul>\n<li><strong>PMI:<\/strong> We\u2019ll know how Egypt\u2019s private sector fared in October on Wednesday when S&P Global releases the purchasing managers\u2019 index. A 22-month contraction in private sector activity didn\u2019t <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b7956e2-bf64-4f31-872d-460d0234cc4f\">show signs of abating<\/a> in September as high inflation continued to weigh on demand and output.<\/li>\n<li><strong>Foreign reserves figures for October<\/strong> will be released next week.<\/li>\n<li><strong>Inflation:<\/strong> Capmas and the central bank will release October\u2019s inflation figures on Thursday, 10 November.<\/li>\n<\/ul>\n<p><strong>Importers, exporters and customs agents <\/strong><strong><a href=\"https:\/\/www.facebook.com\/NafezaEgypt\/posts\/pfbid0asWdUR2zm1WbxVYXoEkv2xS9eLS97ifVPKoBYLGEwKsMCqnQrtuvBs6JvXoE9r8nl\">have two days left<\/a><\/strong> to register to join the Finance Ministry\u2019s digital customs system <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9e2f68a-8c99-4750-b736-cbcdd6f65839\">Nafeza<\/a><\/strong> before they can no longer clear goods out of customs at seaports. (<a href=\"https:\/\/www.facebook.com\/NafezaEgypt\/posts\/pfbid0asWdUR2zm1WbxVYXoEkv2xS9eLS97ifVPKoBYLGEwKsMCqnQrtuvBs6JvXoE9r8nl\">Statement<\/a> | <a href=\"https:\/\/bit.ly\/3SHUlNq\">Al Mal<\/a>)<\/p>\n<p><strong>The Federal Reserve will hold its penultimate policy meeting of 2022 on Tuesday and <\/strong><strong>Wednesday: <\/strong>The folks over at the Fed aren\u2019t expected to take their feet off the gas when they meet this week to review interest rates. The market is pricing in a fourth consecutive 75-bps rate hike on the back of another disappointing inflation release which showed core inflation reaching a new 40-year high in September despite the central bank embarking on its most aggressive tightening cycle in decades. And <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-28\/key-us-inflation-gauges-advance-keeping-fed-hikes-on-track?sref=mmeFTDW1\">in reports yesterday<\/a>, two other indexes closely watched by the Fed provided additional evidence that inflationary pressures continued unabated in September.<\/p>\n<p><strong><a href=\"http:\/\/thefingerprintsummit.org\/#\/speakersnew\">The Fingerprint Summit<\/a><\/strong><strong>:<\/strong> A forum connecting corporations, investors, entrepreneurs, and government officials to promote potential investments for the private and public sectors will be held at the Nile Ritz Carlton Hotel from 22-23 November.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>Expect temperatures to rise to 28\u00b0C during the day tomorrow before falling to 18\u00b0C at night, our favorite weather app tells us.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Happy Sunday, friends. We\u2019re wary of calling out slow news days after our Thursday prophecy went in the polar opposite direction, but it so far appears to be a calm-ish start to the week, as most have their gaze fixed firmly on where the EGP is headed. THE BIG STORY TODAY EGP WATCH- The EGP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[271,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553246","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-central-bank-of-egypt","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"b83c075a-0ec2-46e2-b086-8499cf0f3d42","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[553244],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people\" \/>\n<meta property=\"og:description\" content=\"Happy Sunday, friends. We\u2019re wary of calling out slow news days after our Thursday prophecy went in the polar opposite direction, but it so far appears to be a calm-ish start to the week, as most have their gaze fixed firmly on where the EGP is headed. THE BIG STORY TODAY EGP WATCH- The EGP [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-30T13:39:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people\",\"datePublished\":\"2022-10-30T13:39:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\"},\"wordCount\":776,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg\",\"keywords\":[\"Central Bank of Egypt\",\"EnterprisePM\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/\",\"name\":\"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people - 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We\u2019re wary of calling out slow news days after our Thursday prophecy went in the polar opposite direction, but it so far appears to be a calm-ish start to the week, as most have their gaze fixed firmly on where the EGP is headed. THE BIG STORY TODAY EGP WATCH- The EGP [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-10-30T13:39:19+00:00","og_image":[{"url":"https:\/\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people","datePublished":"2022-10-30T13:39:19+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/"},"wordCount":776,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg","keywords":["Central Bank of Egypt","EnterprisePM","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/","name":"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people - 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THE BIG STORIES TODAY so far- #1- Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580563,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/this-evening-egp-slips-against-the-usd-to-new-record-merry-christmas-everyone\/","url_meta":{"origin":553246,"position":1},"title":"THIS EVENING: EGP slips against the USD to new record + Merry Christmas, everyone","author":"enterpriseam admin","date":"5 January 2023","format":false,"excerpt":"Happy THURSDAY, wonderful people. We made it through the first work week of 2023 and are being rewarded with another long weekend. Merry Christmas to all of our Coptic Christmas friends and anybody else who is observing the day this weekend.PSA- EnterprisePM is taking a day off this coming Sunday,\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/607.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545342,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/22\/this-evening-egx-continues-rising-our-first-samurai-bond-issuance-is-back-in-play-egypt-revises-downwards-fy2022-2023-gdp-growth-rate\/","url_meta":{"origin":553246,"position":2},"title":"THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate","author":"enterpriseam admin","date":"22 March 2022","format":false,"excerpt":"Happy hump days, ladies and gentlemen. The news cycle here at home calmed down somewhat from where it was yesterday, but is still pleasantly brisk. THE BIG STORIES TODAYEGX continues rising: The EGX climbed again today thanks to the raft of decisions and announcements yesterday, including the Madbouly government\u2019s EGP\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544086,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/08\/tonight-macros-egx-debut-confirmed-for-this-thursday-world-bank-is-releasing-its-egypt-outlook-its-a-busy-day-at-the-house\/","url_meta":{"origin":553246,"position":3},"title":"TONIGHT: Macro\u2019s EGX debut confirmed for this Thursday + World Bank is releasing its Egypt outlook + it\u2019s a busy day at the House","author":"enterpriseam admin","date":"8 February 2022","format":false,"excerpt":"Happy Tuesday afternoon, ladies and gentlemen. The news is back in full swing on this hump day, with big news and interesting stories to keep us busy.We\u2019re taking the pickup in pace as the news cycle\u2019s birthday present to us, as we celebrate EnterprisePM\u2019s first full year around the sun.\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580488,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/02\/this-evening-gb-lease-stake-sale-to-chimera-gets-gb-auto-board-signoff-misr-italia-closes-fresh-securitized-bond-issuance\/","url_meta":{"origin":553246,"position":4},"title":"THIS EVENING: GB Lease stake sale to Chimera gets GB Auto board signoff + Misr Italia closes fresh securitized bond issuance","author":"enterpriseam admin","date":"2 January 2023","format":false,"excerpt":"Good afternoon, ladies and gents. We\u2019re just easing back into the flow of things on the first workday of the new year (and training our brains to write the correct year), but the news cycle here at home is already off to a strong start.THE BIG STORIES TODAY GB Auto\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580642,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/this-evening-did-we-find-a-market-clearing-egp-usd-rate-why-theres-room-for-some-optimism\/","url_meta":{"origin":553246,"position":5},"title":"THIS EVENING: Did we find a market-clearing EGP-USD rate? + Why there\u2019s room for some optimism","author":"enterpriseam admin","date":"11 January 2023","format":false,"excerpt":"Good afternoon, friends, and welcome to a roller-coaster of a day. THE BIG NEWS THIS AFTERNOON- There are indications that we found this afternoon a market-clearing rate for the USD. And the magic number was \u2026 EGP 32.20 \/ USD. Today\u2019s interbank auction saw the EGP fall in steady increments\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/637.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553246"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553246\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/553244"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553246"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553246"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}