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Ebeid : plans to convert dollar deposits into local currency mere rumors
Egypt, Economics, 2/10/2003

Egypt's Prime Minister Atef Ebeid on Saturday dismissed rumors on reports that government plans to convert dollar deposits with banks into the local currency, and asserted that the government was protecting the freedom of buying, selling and obtaining of foreign currencies.

Previous Stories:
  Foreign exchange market stable, Egyptian expatriates remittances go up   (2/7/2003)
  Controls to achieve efficient administration and standards of banking policies   (2/7/2003)
  Investment risk protection mechanism under study   (2/5/2003)

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