DEPOT KADMAR INTERNATIONAL · AIN SOKHNA LOGISTICS PARK · SCZONE
sokhna@depot-egypt.com•+20 120 333 3187
Home/Information Center/Central Bank of Egypt Moves to a Flexible Exchange Rate
INFORMATION CENTER · DEPOT KADMAR INTERNATIONAL

Central Bank of Egypt Moves to a Flexible Exchange Rate

The Central Bank of Egypt moved to a more flexible exchange-rate regime, allowing the pound to be priced by market supply and demand.

20 Nov 2022INFORMATION
Central Bank of Egypt Moves to a Flexible Exchange Rate
Kindly be informed that The Egypt’s central bank devaluates its currency in order to a more flexible exchange-rate policy as it seeks to ease an acute dollar shortage that is hurting the economy. The Central Bank of Egypt moved the rate to market demand and supply. The move will help narrow the gap between the pound’s exchange rate in the parallel market. Best Regards Depot Kadmar International
WHY CHOOSE DEPOT

Lower Costs. Reliable Service. Flexible Capacity.

Choose the space and services you actually need, rely on a certified operating environment, and scale your logistics model as demand changes.

Why DEPOT
01

Lower Fixed Costs

Pay only for the space and services you use, helping control operating costs.

02

Reliable Service

ISO 9001, ISO 14001 and ISO 45001-certified operations backed by documented procedures.

03

Flexible Capacity

Scale space and services as cargo volumes and customer requirements change.

04

Built for a Greener Future

Resource-efficient infrastructure designed to reduce energy, water and embodied carbon.

READY TO MOVE?

Let’s build a smarter logistics flow.

Tell us what you’re moving, where it’s going and what you need from your logistics partner.

LET'S TALK LOGISTICS Contact Us Clear answers. Practical solutions. Built around your operation.