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egyptian-central-bankCAIRO: Egypt's foreign reserves fell to $14.42 billion in July from $15.53 billion in June, resuming a steep decline that began last year when a popular uprising sent the economy into a tailspin, according to central bank figures.

Reserves have plunged by more than half since Egypt's political turmoil scared away tourists and investors, two of Egypt's main sources of foreign currency.

Copyright Reuters, 2012

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