Reuters – Egypt’s pound weakened by more than 13% to a new low below 32 to the U.S. dollar on Wednesday as the central bank moved to a more flexible exchange rate under the terms of an International Monetary Fund financial support package.
Reporting by Patrick Werr, Marc Jones, Yomna Ehab, Nadine Awadalla and Enas Alashray; Editing by Andrew Heavens, Aidan Lewis, Subhranshu Sahu, Jane Merriman, William Maclean
