Al-Ahram Weekly Online   6 - 12 November 2003
Issue No. 663
Economy
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Published in Cairo by AL-AHRAM established in 1875
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Forex in free fall
Economic policy-makers are desperately fighting the black market and inflation, but perhaps the foreign exchange regime itself needs to be reconsidered. Salah El-Amrousi reports

Textiles test case: 2005
Pascal Lamy charts an optimistic course around the pitfalls of quota elimination

Dollar-denominated depression
The latest foreign exchange rate regime, while hailed by the World Bank and the IMF, is less than popular with most Egyptians. Yasmine El-Rashidi follows the downward trajectory of the pound and the victims left in its wake

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