The influence of floating exchange rate on economics development in Egypt until 2021 | ||||
International Journal of Advanced Engineering and Business Sciences | ||||
Article 2, Volume 3, Issue 2 - Serial Number 3, June 2022, Page 16-37 PDF (373.66 K) | ||||
Document Type: Original Article | ||||
DOI: 10.21608/ijaebs.2022.136633.1026 | ||||
View on SCiNiTO | ||||
Authors | ||||
ayman salah edeen ibrahim 1; osama mohamed mobarez2 | ||||
1Media organization management, IAEMS, giza, egypt | ||||
2Mariouteya Faisal Shishini Street | ||||
Abstract | ||||
The decision to float the currency is one of the important decisions taken by the state on November 3, 2016; this date is considered an important date for the occurrence of many important events that affected the people. Some see these effects as negative and others see them as positive, but the real effects appear only in the long run, and the positive effects appear only through the development of a long-run program. The state adopts this program to increase exports of high value. Courageous policies are required for this decision to succeed and for the state to reach what it aspires to, so in in this paper, the authors attempts to shed light on the important effects of floating the Egyptian pound, by studying the effects of pricing the national currency before and after the flotation, to find out whether this flotation has negative or positive impact on the economic growth of the Egyptian state. | ||||
Keywords | ||||
Floating exchange rate; International economics; Macroeconomics; influence of changing economic policies | ||||
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