Middle East & North Africa Economics

Middle East Economic Updates
02 April, 2012

Egypt takes a turn for the worse

Another month, another fall in Egypt’s foreign currency reserves. Admittedly, the pace of decline appears to be easing. But with rising tensions between the interim government, the Muslim Brotherhood and the military council threatening to derail talks with the IMF, the risk of a disorderly devaluation of the pound is growing. ...

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