VOL. XXXIV
NO. 18
4-FEBRUARY-1991
Financial and Banking News
Budgets & Revenues
Egyptian Prime Minister Gives Details of Unified, Floating, Exchange Rate
In a keynote address on monetary policy delivered to the Egyptian People'sAssembly on 28 January, Prime Minister Atif Sidki outlined plans to establish asingle, floating exchange rate for the Egyptian pound, in place of the presentsystem whereby essential imports are booked at an exchange rate which is fixedwell below the free market price....
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