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View Full Version : Egyptian Company Borrowing Drops to Two-Year Low: Arab Credit - Bloomberg



NewsWhore
10-17-2011, 07:20 PM
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Egyptian Company Borrowing Drops to Two-Year Low: Arab Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEAfCb9xSR_aHIVmXaoRP3IzKqOeQ&url=http://www.bloomberg.com/news/2011-10-17/egyptian-company-borrowing-drops-to-two-year-low-arab-credit.html)
Bloomberg
“Companies with large domestic exposure can expect to face higher costs for funds because of the local currency outlook and political risks, which will take time to recede,” Ziada said. The Egyptian pound has lost 2.8 percent against the dollar this ...

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