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Coordination council on monetary policy set up
Egypt, Economics, 1/25/2005
Egypt's President Hosni Mubarak issued a republican decree on setting up a coordination council under Prime Minister Ahmed Nazif.
The new council will be in charge of drawing up the country's monetary policy that provides a safe banking system and helps stability of the Egyptian pound exchange rate against the foreign currencies.
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Egypt's oil, gas, petrochemical exports hit $ 1.3 billion
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(1/22/2005)
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