CAIRO: The US dollar has risen against the Egyptian pound in recent days, with one dollar worth 49.25 Egyptian pounds. Egyptian economic experts attributed the rise to recent regional developments. “The biggest factor affecting the price of the dollar against the pound is remittances from Egyptians abroad,” said Dr. Alaa Ali, economic expert. “If it rises, the dollar price will stabilize or fall against the pound, and if it falls, the dollar price will rise and thus the pound price will fall,” the economist told Arab News.
