The influence of floating exchange rate on Egyptian economy

The decision to float the currency is one of the important decisions taken by the state on November 3 2016; this date is considered an important date for the occurrence of many important events that affected the people. Some see these effects as negative and others see them as positive but the real effects appear only in the long-run and the positive effects appear only through the development of a long-run program. The state adopts this program to increase exports of high value. Courageous policies are required for this decision to succeed and for the state to reach what it aspires to.