MIDEAST STOCKS-Egypt drops further on FX worries, Saudi moves little | Reuters:
"Egypt's stock market continued dropping early on Monday because of concern about the possibility of a "Big Bang" devaluation of the currency, while Saudi Arabia's bourse traded near technical support.
The Egyptian index sank 2.6 percent on Sunday after strong U.S. economic data suggested U.S. interest rates might be hiked next month, putting further pressure on the Egyptian pound.
The index fell a further 0.7 percent in the opening minutes on Monday."
'via Blog this'
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