Foreign Reserves
Data published on the central bank's website showed an elevation in foreign exchange reserves to approximately $34.878 billion at the end of July, compared to $34.806 billion at the end of June.
Egypt’s NIRs reached $33.14 billion in August 2022, falling from $40.9 billion recorded in February 2022 prior to the conflict
The CBE decided to amend the time period for following up the gold proceeds and excluding some cases related to the proceeds of gold export operations.
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
The net foreign currency reserves rose by $121 million at the end of November 2022, after recording $33.411 billion in October 2022.
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
The net foreign currency reserves reached $33.197 billion by the end of September 2022, compared to $33.141 billion recorded in August 2022.
Egypt’s net foreign reserves decreased by $232 million or 0.69 percent during July, the Central Bank of Egypt (CBE) announced Sunday.
Amer stressed that the Egyptian state is able to overcome challenges thanks to economic reform programmes.
The CBE attributed this decline to the role entrusted to the Central Bank of Egypt to pay the payments related to Egypt's foreign debts due last May.
The net foreign currency reserves reached $37.123 billion by the end of April 2022, compared to $37.082 billion recorded in March 2022.
The net foreign currency reserves declined by $3.91 billion to $37.082 billion by the end of March 2022, compared to $40.99 billion recorded in February 2022.
This morning CBE raised its key interest rates by 100 basis points.
The net foreign currency reserves rose to $40.993 billion by the end of February 2022, compared to $40.980 billion recorded in January.
The net foreign currency reserves rose to $40.980 billion by the end of February 2021, compared to $40.934 billion recorded in January.
Egypt’s net foreign reserves increased by approximately $24 million in December.
The net foreign currency reserves rose to $40.909 billion by the end of November 2021, compared to $40.849 billion recorded in October.
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
