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2012-12-31 Africa North
Egypt to Start Foreign Exchange Auctions as Reserves Plunge
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Posted by trailing wife 2012-12-31 00:00|| || Front Page|| [2 views ]  Top

#1 
“The current level of foreign-currency reserves constitutes the minimum and critical level that must be preserved” to meet necessary needs like repaying external debt and importing “strategic commodities,” the central bank said in the statement.


Is food a strategic commodity?
Posted by Nimble Spemble 2012-12-31 03:22||   2012-12-31 03:22|| Front Page Top

#2 Wonder what kinda yield those bonds are going to have?
Posted by Shipman 2012-12-31 04:20||   2012-12-31 04:20|| Front Page Top

#3 Yeah, that could be fun Shipman.
Posted by Mullah Richard 2012-12-31 09:52||   2012-12-31 09:52|| Front Page Top

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