date:Apr 15, 2013
The size of the auction - 15 times the amount the central bank has been selling at its regular currency auctions - showed the extent of pent up demand for dollars as Egypt struggles with an economic crisis two years after the ousting of Hosni Mubarak.
The central bank has been rationing dollars since late December in a system of regular foreign currency auctions brought in to cope with the impact of a run on the pound.
Foreign exchange dealers said the authorities would have to use more dollar