Egypt's currency trapped in a dilemma - The National

With all the debate in Egypt, the real question is not whether there should be a devaluation but whether it should be "orderly" or "disorderly".

In other words, whether the currency's decline will be "managed" or allowed to fall freely.

So far, the government's intervention has prevented a free fall but foreign reserves used to prop up the pound are not infinite.

* username: rupertbu