Middle East Economic Survey
VOL. LIV
No 47
21-Nov-2011
EGYPT
Egyptian Pound Slumps Against Dollar On Fears Of Election Turmoil
The Egyptian pound slumped to a seven-year low and was just nudging the psychologically important $1=E6 support level at the end of last week. The pound had come under sharp pressure as a result of Egypts popular protests earlier this year, which ousted the Husni Mubarak regime, but concerns about political turmoil and possible violence ahead of the parliamentary...
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