8 Feb 2011

Egypt attempts return to normality

7:56 am on 8 February 2011

The new Egyptian cabinet has held its first full meeting as authorities there move to put the economy back on the road to normality after two weeks of popular protests.

However the attempts to stablise the country have suffered a number of setbacks.

The Egyptian currency has fallen to a six-year low against the US dollar and the country's stock exchange will remain closed until at least Sunday.

Demonstrators in Cairo's Tahrir Square linked arms on Monday to prevent the re-opening of an official building there and the protestors are continuing to occupy the square.

Schools also remain closed.

The protesters say they will only leave Tahrir Square when President Hosni Mubarak stands down, the BBC reports.

The Government has announced it will raise public sector salaries and pensions by 15%.