Foreign Reserves

Egypt’s net foreign reserves record $40.849B in October: CBE

Wed, 03 Nov 2021 - 03:20 GMT

Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.

Egypt’s net foreign reserves record $40.8B in September: CBE

Mon, 04 Oct 2021 - 05:42 GMT

Egypt’s net foreign reserves increased by approximately $153 million in September.

Egypt’s net foreign reserves record $40.67B in August: CBE

Mon, 06 Sep 2021 - 01:50 GMT

Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.

Remittances from Egyptian expats record $28.5B in 11 months, $2.6B in May

Tue, 17 Aug 2021 - 01:08 GMT

The data showed that remittances from Egyptian expatriates during May 2021 increased 45.2 percent to reach $2.6 billion, compared to $1.8 billion during May 2020.

Egypt’s net foreign reserves record $40.6B in July: CBE

Wed, 04 Aug 2021 - 01:27 GMT

Egypt’s net foreign reserves increased by approximately $20 million in July.

Egypt's Cabinet publishes figures on economic performance between 2009, 2021

Sat, 10 Jul 2021 - 02:42 GMT

The Media Center of the Cabinet released Saturday the figures.

Egypt’s net foreign reserves rise about $116M in June: CBE

Wed, 07 Jul 2021 - 10:25 GMT

The net foreign currency reserves rose to $40.584 billion by the end of May, 2021, compared with $40.468 billion recorded in May.

Standard & Poor's keeps Egypt's credit rating at B/B with stable outlook

Sun, 09 May 2021 - 08:13 GMT

The stabilization is backed by the accumulation of foreign exchange reserves and high growth rates in the two years preceding the Corona pandemic, as well as Egypt's positive growth rates despite the global pandemic.

Egypt’s foreign reserves record $40.343B by end of April

Wed, 05 May 2021 - 02:42 GMT

Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.

Egypt's foreign reserves covers about 8 months of commodity imports

Thu, 11 Mar 2021 - 01:32 GMT

El-Said clarified in a statement that there is a strategic stockpile of goods available.

Egypt’s foreign reserves hit $40.2B by end of February

Sun, 07 Mar 2021 - 11:57 GMT

Egypt’s foreign reserves hiked by about $100 million during the second months of 2021.

Egypt’s foreign reserves hit $40.1B by end of January

Thu, 04 Feb 2021 - 04:38 GMT

Egypt’s foreign reserves hiked by about $94 million, recording $40.1 billion by the end of January 2021.

Egypt’s foreign reserves hit $40.06B by end of December

Tue, 05 Jan 2021 - 02:17 GMT

Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.

Egypt’s foreign reserves record $39.22B by end of October

Tue, 03 Nov 2020 - 09:31 GMT

This rise is the fifth in row for the Egyptian foreign reserves.

Egypt’s foreign reserves record $ 38.425B by end of September

Wed, 07 Oct 2020 - 10:54 GMT

The current average of foreign reserves covers about 8 months of Egypt's commodity imports, which is higher than the global average of about three months of commodity imports.

Egypt repaid $35 billion in debt despite coronavirus crisis: Central Bank governor

Thu, 10 Sep 2020 - 10:30 GMT

Egypt managed to repay $35 billion in debt despite the economic repercussion of the coronavirus crisis, and provided 5 million jobs over the past five years, said governor of the Central Bank of Egypt (CBE).

Egypt’s foreign reserves reach $38.3B by end of July

Thu, 06 Aug 2020 - 12:20 GMT

Egypt’s foreign reserves rose by about $113 million, recording $38.314 billion by the end of July 2020.

Egypt’s foreign reserves record $36B by end of May

Sun, 07 Jun 2020 - 02:59 GMT

Egypt’s foreign reserves decreased by about $1 billion, recording $36 billion by the end of May 2020, compared to $37.037 billion during April 2020.

Egypt’s foreign reserves record $37.04B by end of April

Thu, 07 May 2020 - 03:00 GMT

Since March, CBE has announced using foreign reserves money to cover the Egyptian market's needs of foreign exchange, the drop in foreign investments and international portfolios.

Egypt’s foreign reserves record $40B by end of March

Tue, 07 Apr 2020 - 11:39 GMT

CBE clarified that the decline came as a result of using the money to cover the Egyptian market's needs of foreign exchange, the drop in foreign investments and international portfolios.

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