A trader works at the Egyptian stock exchange in Cairo, April 28, 2015. REUTERS/Mohamed Abd El Ghany
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Egyptian stocks plunged the most in 2015, sending the benchmark gauge below the average of the past 100 weeks, as the government's tightening of foreign-exchange rules for arbitrage trading reduced demand for local shares.The equities gauge traded below its 100-week moving average for the first time in two years after the government last week said Egyptian investors who buy shares locally and sell them as global depositary receipts abroad must collect the proceeds in the local currency.
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