Egypt Clears One Hurdle for IMF Review, Faces Other on Currency
(Bloomberg) -- Egypt has removed one key concern that’s held up a review of a $3 billion rescue program with the International Monetary Fund, according to people familiar with the matter, even as impending presidential elections make it difficult to satisfy the crucial demand of a weaker currency.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Len
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