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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-06-11 06:20 AM
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Customers queue at Egypt banks after protests
Source: Reuters

CAIRO, Feb 6 (Reuters) - A steady stream of employees flowed into Cairo's financial district and customers queued to access their accounts on Sunday, the first day for the country's banks to open after a week-long closure due to political protests.

Bankers are bracing for chaos in dealing rooms with foreign investors and local businessmen fleeing the Egyptian pound EGP= after street protests paralysed much of the economy and dried up important sources of foreign exchange.

Armoured personnel carriers stood guard at intersections where soldiers had erected sandbag barriers, as buses dropped employees off at large state banks.

Outside the banks, dozens of customers were waiting to enter when they open for public business at 10:00 a.m. (0800 GMT).



Read more: http://www.reuters.com/article/2011/02/06/egypt-banks-idUSLDE71504N20110206
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