<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by JonNYC:
It's a cute l'il jab-- but I'm sure you realize the scope of the EGP's collapse far eclipses the small swing... oh you know (I hope.)</font>
Would you care to go check your facts and then come back on this?
The data I have says that in the 18 months from 10 March 2002 to 10 September 2003 the difference in the highest and lowest interbank exchange rate of the USD against the EGP and the EUR is almost exactly the same:
EGP: 4.6-6.25 EGP/USD (6.25/4.6 = 1.36)
EUR: 0.84-1.14 EUR/USD (1.14/0.84 = 1.36)
This from
http://www.oanda.com which I have always found to be a reliable source.