The Egyptianpound has fallen further against the US dollar, despite efforts by the country's financial authorities to halt its slide on the money markets.
The Egyptianpound hit a new low on Sunday of about 6.30 to the US dollar in unofficial trading after the central bank introduced a new currency regime, dealers told Reuters.
Egyptian officials are becoming worried as savings account withdrawals increase in the face of a depreciating pound and public rumors of central bank confiscation of deposits.