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Illustrate the changes in the value of the egyptian pound

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Reference no: EM132587866

Use the demand-supply fundamental model to illustrate the changes in the value of the Egyptian pound (EGP) against the U.S. dollar (USD) in the past few years. Show how the intervention by the Central Bank of Egypt (CBE) at some point has led to the creation and deepening of the "Black Market". Support your answer with relevant real-life data.

Reference no: EM132587866

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