Foreign Assets

Egypt’s net foreign assets deficit drops by $170M in November to $26.98B, CBE

Tue, 02 Jan 2024 - 12:11 GMT

NFAs saw a slight improvement during November, reported at negative $11.2 billion compared to negative $11.3 billion in October

Egypt’s total foreign assets recorded at LE 1,475B, CBE

Sun, 03 Sep 2023 - 03:39 GMT

According to the latest data by the Central Bank of Egypt (CBE), net foreign liabilities rose to LE 2,287 billion in July, compared to LE 2,275 billion in June

Egypt’s NFAs deficit climbs by 7.3 percent in March says CBE

Tue, 02 May 2023 - 04:23 GMT

Egypt's NFAs deficit surged by LE 536.2 billion ($17.33 billion) month-on-month (m-o-m) in March 2023

Egypt's net foreign assets abroad hit record over $20bn, says CBE

Mon, 24 May 2021 - 11:42 GMT

Such an increase in the net foreign assets reflects the strength of the Egyptian banking sector and good management of those in charge of it, Head of the Treasury Sector at the Industrial Development Bank (IDB) Haytham Adel said.

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