Cairo – Mubasher: Egypt’s net international reserves edged up to $39.221 billion at the end of November from $39.22 billion in October, according to data by the Central Bank of Egypt (CBE) on Sunday.
In May, Egypt received a $2.7 billion loan from the International Monetary Fund (IMF) under the rapid financing instrument (RFI) to help mitigate the impact of the coronavirus (COVID-19) pandemic.
In addition, the government reached a staff-level agreement with the IMF for a $5.2 billion standby loan.
