Egyptian pound at seven year low ahead of vote result
Egypt's currency takes a beating, as citizens await the result of the crucial presidential elections.
June 24, 2012 4:25Register for our free newsletter
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Egypt's currency takes a beating, as citizens await the result of the crucial presidential elections.
June 24, 2012 4:25Egypt's pound was bid at 6.0507 to the U.S. dollar on Wednesday, its weakest in more than seven years, following a week of political turmoil.
June 20, 2012 5:44Loose fiscal policy, weak currency to fuel inflation; Central bank to intervene, aggressive rate hike an option; Investment outflows of up to $1 bln a day; Key tourism revenues take "big hit".
February 10, 2011 1:04The pound has been volatile for weeks.
November 29, 2010 4:08