Egypt Floats Currency, Appeasing I.M.F. at Risk of Enraging Poor The move, which effectively devalues the Egyptian pound, is part of an effort to secure a desperately needed rescue loan from the International Monetary Fund. Share: Facebook Twitter Google+ Stumble Digg Email ThisBlogThis!Share to XShare to Facebook Related Posts:Ireland Releases ‘Sobering’ Contingency Plan for No-Deal BrexitAt War: Behind the Reporting: The Journey of an American Bomb From Arizona to YemenLife After Horrific Death for the Journalist James FoleyPope Francis Calls On Abusive Priests to Turn Themselves InAt War: Afghan War Casualty Report: Dec. 14-20America’s Allies Fear That Traditional Ties No Longer Matter Under Trump