Egypt's pound is among the worst performing currencies in 2023. And it's expected to plummet further

From cnbc.com

The Egyptian pound has plunged almost 20% against the greenback since the start of the year — with some analysts predicting that the currency may still have room to plummet further. Egypt’s pound currently ranks as the sixth worst performing currency since Jan. 1, extending a decline that saw it lose more than half its value during 2022. The currency was trading at around 30.85 per dollar on Wednesday. As of the end of March, the Lebanese pound places as the top of the most troubled currencies since the start of the year, depreciating by as much as 70%, followed by the Venezuelan bolivar and the Zimbabwean ... (full story)