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Arab Republic of Egypt: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper on the Arab Republic of Egypt examines the dynamic relationship between the nominal exchange rate and prices during Egypt’s exit from a managed exchange rate regime. The exit from the peg went through several phases, including a series of step devaluations between 2000 and 2002, a first attempt at a float in January 2003, and the successful transition to a unified, flexible exchange rate system in late-2004. From 2000 to 2004, the Egyptian pound experienced a cumulative depreciation of 68 percent against the U.S. dollar.

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  • International Monetary Fund, 2005. "Arab Republic of Egypt: Selected Issues," IMF Staff Country Reports 2005/179, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/179
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18287
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    Citations

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    Cited by:

    1. Al-Mashat Rania & Billmeier Andreas, 2008. "The Monetary Transmission Mechanism in Egypt," Review of Middle East Economics and Finance, De Gruyter, vol. 4(3), pages 32-82, September.
    2. International Monetary Fund, 2007. "Arab Republic of Egypt: Selected Issues," IMF Staff Country Reports 2007/381, International Monetary Fund.
    3. Hoda Selim, 2012. "Has Egypt'S Exchange Rate Policy Changed After The Float?," Middle East Development Journal (MEDJ), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-27.
    4. Khalid Siddig & Harald Grethe, 2013. "No more Gas from Egypt? The Israeli Gas Sector between Offshore Discoveries and Import Uncertainty," EcoMod2013 5446, EcoMod.

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