Egypt 2003

Egypt Border Map

Yearbook 2003 Egypt. On January 29, the government decided to abandon the Egyptian pound’s fixed exchange rate against the dollar. The pound fell immediately by 16%. The decision led to a shortage of dollars and other hard currencies, which created a black market for these. According to, Egypt Independence Day is July 23. The government legislated that all exporting companies must place 75% of their export earnings in Egyptian…

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