Egyptian pound at six-year low as banks reopen

Egypt's stock market will not open before Wednesday at the earliest and the Egyptian pound fell to its lowest level against the dollar since January 2005 - economists expect it to fall further.

The country will face another test on Monday when it tries to raise money from the markets in a record debt sale.

David Butter, the Middle East regional director from the Economist Intelligence Unit, explained the impact of the falling pound.