The Egyptian government announced that banks would...

The Egyptian government announced that banks would be authorized to fix a free-market exchange rate for the Egyptian pound each day . . . Ocean Pacific Sunwear opened its first retail store in Westwood Village, near UCLA . . . The Federal Reserve said that the average yield for one-year Treasury bills, the most popular index for making changes in adjustable-rate home mortgages, rose to 6.88% last week after averaging 6.76% the week before . . . Baker Hughes reported that the number of working oil and gas drilling rigs in the United States this week totaled 767, a decrease of 13 from the previous week.