Egypt's currency rebounds but recovery still hinges on regional tensions (opens original article in a new tab)

Egypt's currency rebounded but faces challenges from ongoing regional tensions and structural economic vulnerabilities.

• Egypt's currency rebounded above 50 per US dollar, marking its best performance globally since May.
• Suez Canal revenue fell 70% year-on-year, with container traffic still 89% below pre-crisis levels.
• Economists warn that geopolitical tensions and structural economic vulnerabilities could reverse recent gains.