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Egypt’s Pound Becomes World’s Top Currency as Oil Shock Reverses
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Egypt’s Pound Becomes World’s Top Currency as Oil Shock Reverses

Bloomberg Markets · Jun 17, 2026, 12:25 PM · Also reported by 1 other source

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.

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