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In Egypt, elation at Turkish currency crisis

As Turkey faces a currency crisis, its toughest in years, Egyptians are enjoying the spectacle from the sidelines, remembering many confrontations over the past decade.
Turkey lira

CAIRO – Turkey is not Egypt's largest trading partner. The Egyptian pound is not pegged to the Turkish lira in any manner.

Nonetheless, Egyptians have been closely following Turkey's currency crisis, and there is elation in Egypt at the sharp decline in the exchange rate of the Turkish national currency.

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