Egypt’s foreign reserves up to $40.93bn in December

Cairo – Mubasher: The Central Bank of Egypt (CBE) unveiled that net international reserves went up 0.07% to $40.93 billion at the end of December 2021, compared to $40.90 billion in November.

A year ago, the country’s foreign reserves reached $40.1 billion by end-January.

Egypt’s international reserves have been increasing since June 2020, following a decline to approximately $36 billion from over $45.5 billion due to the impact of the COVID-19 pandemic.

Mubasher Contribution Time: 05-Jan-2022 15:14 (GMT)
Mubasher Last Update Time: 05-Jan-2022 15:15 (GMT)