The influence of floating exchange rate on economics development in Egypt until 2021

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, so in in this paper, the authors attempts to shed light on the important effects of floating the Egyptian pound, by studying the effects of pricing the national currency before and after the flotation, to find out whether this flotation has negative or positive impact on the economic growth of the Egyptian state.