BBC World Service

Cairo stock market hits three month high amid protests

Claire Read Jul 2, 2013
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BBC World Service

Cairo stock market hits three month high amid protests

Claire Read Jul 2, 2013
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The stock market in Cairo hit a three-month high today amid growing protests. Egypt’s president now faces an ultimatum from the military: resolve the crisis in the next 48 hours or we’ll step in. Some investors take the view that a military intervention might restore order to the streets and stabilize the economy. But supporters of Egypt’s elected government disagree.

The BBC’s Claire Read joins Marketplace Morning Report host David Brancaccio from Cairo with the details.

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