Egypt's banks, financial markets and the central bank will remain closed until Thursday, the end of the working week in Egypt, a stock exchange spokesman confirmed Tuesday.

Markets and financial institutions have been closed since last Thursday, the day before Friday's massive demonstrations against the government of President Hosni Mubarak. On Thursday, the last day of trading, the benchmark EGX 30 stock index plunged nearly 11%.

The exchange spokesman did not say when the markets and banks might reopen. But a banker with knowledge of the situation said business is expected to resume Sunday, unless the country is notified otherwise.

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