Citing an attempt to “balance” government progress with concerns about Egypt’s foreign currency inflows, Moody's Investors Service extended its review of Egypt's credit rating on Friday for an additional three months. The agency, which downgraded the Egyptian economy’s creditworthiness in Februar

The agency, which downgraded the Egyptian economy’s creditworthiness in February on the back of the foreign exchange crisis and the depreciation of the national currency on foreign exchange markets, has been reviewing Egypt’s ability to repay its debts in foreign and local currency since May.