Cairo – Mubasher: Egypt's foreign reserves rose by nearly $40 million month-on-month at the end of September.
Net foreign reserves of the North African nation recorded $44.459 billion last month, compared to $44.419 billion in August, according to data by the Central Bank of Egypt (CBE) on Monday.
The CBE previously posted that Egypt’s foreign reserves amounted to $36 billion prior to the 25th January revolution as the US dollar sources contracted, mainly foreign direct investment (FDI) and tourism.
