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Voice of the Copts, a nonprofit organization, fights the spread of Islamic supremacy and Sharia throughout the Western world through education, advocacy and action. By drawing attention to the suffering of Coptic Christians in Egypt, it endeavors to educate the Western world as to the chilling effect of Sharia (Islamic law). Founded in 2007 by Dr. Ashraf Ramelah, Voice of the Copts focuses on three key issues: freedom of religion, cultural identity and women’s rights.
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Egypt pound slides again at 2nd central bank currency sale
- Details
- Category: News
- Created on Monday, 31 December 2012 07:41
- Written by REUTERS
Egypts currencyEgypt’s pound fell further at the central bank’s second auction of foreign currency under its new regime on Monday, with $74.8 million sold to banks at a cut-off price of 6.3050 Egyptian pounds.This was weaker than the Sunday cut-off price of 6.2425.
The pound fell on the interbank market to a record low of about 6.30 to the dollar after Sunday’s auction.
The bank had offered $75 million at Monday’s auction. The auctions are part of a new currency regime designed to slow the depletion of the country's foreign reserves, which the bank said had fallen to a critical level.
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