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View Full Version : Egypt's Local Borrowing May Backfire on Economy: Arab Credit - Bloomberg



NewsWhore
09-05-2011, 04:30 PM
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Egypt&#39;s Local Borrowing May Backfire on Economy: Arab Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxqrgLTL7JnFXWQO0rThOfpTt1cw&url=http://www.bloomberg.com/news/2011-09-05/egypt-s-local-borrowing-may-backfire-on-economy-arab-credit.html)
Bloomberg
The Arab country&#39;s local-currency borrowing costs have surged to the highest levels in almost three years as foreign investors dumped the debt following the uprising that ousted President Hosni Mubarak in February. The country&#39;s interim government ...

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