Moody's Cuts Egypt Outlook as Currency Dives on Black Market

Moody's Cuts Egypt Outlook as Currency Dives on Black Market

(Bloomberg) -- Egypt’s credit outlook was cut to negative from stable by Moody’s Investors Service while the pound’s weakening on the black market accelerated, in a sign of the country’s worsening economic plight.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmTrump Moves to Quash Hopes of Congress Ukraine, Border DealTrump Asks

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