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Egypt's president rules out currency devaluation

August 28, 2012 Comments Off on Egypt's president rules out currency devaluation

August 28, 2012, 7:40 am

By Marwa Awad and Patrick Werr
CAIRO (Reuters) – Egypt’s new president said on Monday he would not impose new taxes or devalue the country’s currency and that his government would rely instead on investment, tourism and exports to fix an economy ravaged by a year and…

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