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HSBC says that the Egyptian pound will sink to a rate of 45-50 against the US dollar as a new currency devaluation looms.
![Iraqi dinars [AFP]](/sites/default/files/styles/image_156x88/public/media/images/5CFEE9E9-6534-40A0-BBB2-591D32C7A891.jpg?h=d1cb525d&itok=UFjXinZx "Iraqi dinars [AFP]")
![Egyptian pound [AFP]](/sites/default/files/styles/image_156x88/public/media/images/ED50EC00-2528-4739-95E2-28DA8C2D1BAD.jpg?h=d1cb525d&itok=cF_7Y2fS "Egyptian pound [AFP]")
![KLM [AFP]](/sites/default/files/styles/image_156x88/public/media/images/477E33A5-E75B-4696-98EE-0302EBF8C9F2.jpg?h=d1cb525d&itok=OzVJr3Gl "KLM [AFP]")
![Egyptian Pound devaluation [Getty]](/sites/default/files/styles/image_156x88/public/media/images/710A6B70-0790-416A-A7E9-93EEDA01DAFE.jpg?h=d1cb525d&itok=fS9_thUY "Egyptian Pound devaluation [Getty]")