The Central Bank of Egypt (CBE) on Thursday said its foreign reserves increased by 5.2 percent to hit 24.265 billion by the end of December, compared to 23.05 billion dollars in November.
Egypt's net foreign reserves have plunged more than half the volume since the 2011 revolution, which scared off tourists and investors – both considered main sources of foreign currency for Egypt.
In January 2011, Egypt's net reserves stood at some $36 billion.
GMT 05:41 2018 Tuesday ,02 October
Egypt’s domestic liquidity rises to EGP 3.466 trillion "CBE"GMT 22:15 2017 Monday ,23 October
CBE to launch new department for banking customer serviceGMT 21:39 2017 Tuesday ,17 October
CBE chief: Egyptian banking system is strongGMT 20:29 2017 Saturday ,14 October
Foreign currency collected since floating pound hit $52bnGMT 21:17 2017 Wednesday ,05 July
CBE hits record of $1.1bn garnered in 2 daysMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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