Devaluation would boost Egyptian exports by 10 pct - trade minister

Egyptian exports would rise by 10 percent if and when authorities devalue the pound, Trade and Industry Minister Tarek Kabil said on Tuesday. Pressure has been mounting on the central bank to devalue the currency as Egypt struggles to revive an economy hit by political unrest that has driven away tourists and foreign investors - both major sources of hard currency. "If and when a devaluation happens it will help trade on both sides, limiting imports and boosting exports ... We expect it could bo