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Mahmoud Abu Al-Ayoun

Mahmoud Abu Al-Ayoun latest

Al Bawaba
January 29th, 2003 - 02:00 GMT

Egyptian pound slumps 15 percent on first free float trading

The Egyptian government decided to liberalize its exchange rate policy and allow the local pound currency to float freely, Prime Minister Atef Ebeid stated. On the first day of abandoning the ‘managed
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