Kaldas, of the Tahrir Institute, said that the Egyptian pound is expected to devalue further.

Source: https://krdo.com/news/2023/12/08/egypts-president-expected-to-secure-third-term-as-the-worlds-eyes-are-fixed-on-gaza/

The Egyptian pound has also fallen considerably against the US dollar in recent months, and is currently at an all-time low of around 27.6 pounds to the dollar, according to market data.

Source: https://www.al-monitor.com/originals/2023/01/egypts-inflation-increases-2023

The rise in inflation to 32.7% in March - the highest since July 2017 - illustrates the daunting cost-of-living crisis affecting the country at present, in large part due to a marked fall in the Egyptian pound.

Source: https://seekingalpha.com/article/4594227-malaise-of-egyptian-non-oil-economy-continues-in-march-as-inflation-soars?source=feed_all_articles