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Egyptians Look to Black Market for Currency

CAIRO, Feb 10 (Reuters) - A run on Egypt's pound has left foreign currency in short supply and driven some dealers into the streets in search of people with U.S. dollars to sell, spawning a new black market.

The currency's decline was triggered by a political uprising that swept Hosni Mubarak from power in 2011 and it has officially lost 8 percent of its value since Dec. 30.

Source: Reuters . Read full article. (link)

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  • Sevo||

    "CENTRAL BANK GOVERNOR NOT WORRIED"

    No, that's FUNNY!

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