Today, November 2, 2022, during the routine money market transactions, the value of the Turkish Lira grew in relation to the Egyptian Pound, reaching 1. 3005 Egyptian Pounds as opposed to 1.
2897 Egyptian pounds on Tuesday, allowing the lira’s value to once again fluctuate between increases and decreases relative to the Egyptian pound although trading remained stable. At a time when Turkish President Recep Tayyip Erdogan implemented a programme to boost the Turkish currency, one of the two works in the financial markets.
Today, November 2, 2022, the Turkish Lira’s exchange rate versus the Egyptian Pound was 1.
In the money market, there were 3005 Egyptian pounds.
1 Turkish lira is equal to 1.3005 EGP.
Turkish liras are equal to 0.7690 Egyptian pounds.
Turkish Finance Minister: In the first quarter of 2022, the economy will increase by 7%.
The first government-taught indicators, according to Turkish Finance Minister Noureddine Nabati, indicated that the economy will increase by up to 7% in the first quarter of 2022.
In a speech given at the Banking Union meeting that was covered by Reuters, Nabati noted that he is still persuaded that Turkey’s high inflation rate is only going to last a short while. He emphasised how resilient the banking industry is in the face of potential shocks.
Turkish Lira to Egyptian Pound Exchange Rate as of November 2, 2022, Wednesday
About Author
