FAILED TREASURY AUCTION PORTENDS EGYPTIAN DISASTER
http://www.atimes.com ASIA TIMES SPENGLER Failed treasury auction portends Egyptian disaster By Spengler Investors bought less an a third of the 3.5 billion Egyptian pounds (US$580 million) worth of Treasury bills offered to the market on January 22, a red flag warning that Egypt’s foreign exchange position is close to the brink. Yields on Egyptian government […]
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