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View Full Version : Egypt Shares Head for Lowest Close Since 2009 After Moody's Cut - Bloomberg



NewsWhore
12-22-2011, 07:24 AM
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Egypt Shares Head for Lowest Close Since 2009 After Moody&#39;s Cut (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFXrn9_aD-XT3pX0Bj0Qx8Nol9p7A&url=http://www.bloomberg.com/news/2011-12-22/egypt-shares-head-for-lowest-close-since-2009-after-moody-s-cut.html)
Bloomberg
Egypt&#39;s rating could be reduced further if foreign-currency reserves, which tumbled 44 percent in the first 11 months of this year to $20.2 billion, continue to drop at a similar pace, it said. To contact the reporter on this story: Alaa Shahine in ...

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