Egypt Stocks Soar as Bonds Rally on Currency Float

Egypt’s stocks and foreign bonds advanced after the central bank said it would allow the currency to float as part of measures designed to tackle a dollar shortage that has sapped economic growth. Bloomberg's Tarek El-Tablawy reports on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/17)
54:57 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Pablo Goldberg, head of emerging markets fixed income research at BlackRock, Neil Dutta, head of U.S. economics at Renaissance Macro Research, and Chad Morganlander, portfolio manager at Washington Crossing Advisors. (Source: Bloomberg)
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