Egypt’s Foreign Reserves Drop for 1st Time in 2 Years

The Central Bank of Egypt (CBE) has unveiled that the country's foreign currency reserves dropped last December for the first time since the EGP flotation, standing at USD 42.551 bn compared to USD 44.513 bn at th ...

Egypt’s Foreign Reserves Reach USD 44.5 bn in October: CBE

The Central Bank of Egypt (CBE) announced on November 5 that the country's foreign currency reserves continued its upward trend and increased by USD 44.501 bn at the end of October, a bit higher than USD 44.459 bn ...

IMF Agrees on USD 2 bn Disbursement to Egypt

The International Monetary Fund (IMF) said on October 31 it had reached a staff-level agreement with Egypt to disburse another USD 2 bn in funds, bringing the total disbursements under the program to nearly USD 10 ...

Net Foreign Reserves Hit USD 44.45 bn by End of September: CBE

Egypt's net foreign reserves continued its upward trend and surged to USD 44.459 bn at the end of September, compared to USD 44.419 bn a month earlier

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