Egypt’s net international reserves hit new record $57.215 bln in August – CBE

Egypt’s net international reserves rose to a new record $57.215 billion at the end of August from a record $56.294 billion a month earlier, provisional central bank data showed on Monday.

Net reserves increased by $921 million, or about 1.6 per cent, month on month, extending their rise to a new record for the second consecutive month.

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