Published Jun 17, 2026, 8:25 AM ET · Updated 5 months ago · 1 source
Egypt’s Pound Becomes World’s Top Currency as Oil Shock Reverses
bloomberg
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Original Report
INFERY

Egypt’s pound has become the world’s best-performing currency after oil prices dropped sharply on a US-Iran agreement to reopen the Strait of Hormuz, a move expected to restore supply flows and ease inflation concerns.