$11 Billion Left in One Month: What the Iran War Revealed About Egypt’s Economy

The Egyptian pound lost 7% of its value in five months of the US-Iranian war and $11 billion in hot money exited in March alone, in an economy that directs 63.9% of its budget to servicing debts that reached $164.78 billion, and relies on dollar sources that are all affected by regional tensions, without a productive economy that generates dollars from within