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IMF in Egypt for loan negotiations

2013-01-07 11 Dailymotion

A senior official from the International Monetary Fund has been meeting the Egyptian government for talks about a loan that is crucial for the country's economic health.<br /><br />The on-going political crisis there has sent the Egyptian pound plummeting in value, and that has been depleting foreign currency reserves.<br /><br />Now they are talking about a 3.7-billion euro loan to contain the crisis.<br /><br />...<br />http://www.euronews.net/

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