Will Egypt propose to float the pound after the “Ras El Hekma” deal?. Will Egypt propose the float after the "Ras Al-Hekma" deal? Egyptians are anticipating a new float of the Egyptian pound in the coming days.

The dollar fell in the parallel market to levels ranging between 47 pounds and a little more than 50 pounds, amid a state of anticipation. Egyptian dollar sovereign bonds jumped by more than one cent today, Monday, continuing the rise achieved on Friday.