Abstract
On November 3, 2016, the Central Bank of Egypt (CBE) announced the free flotation of the Egyptian pound in an attempt to stabilize the economy. Following this announcement, the CBE issued a series of press releases addressing the matter, and the flotation was widely covered by local media. This research content analyzes 605 articles from three websites (national, private, and partisan), along with the CBE press releases published from November 2016 until July 2017. It was found that the privately owned El Watan news website provided the most positive and optimistic views regarding the flotation of the pound, followed by state-owned Al Ahram and the partisanAl Wafd. The frames mentioned in the press releases of the CBE were reflected in the media coverage for these three news websites, however they were not constant, in terms of duration or longevity.
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