BREAKING: Egypt Foreign Reserves up to $17.307 billion in February

Egypt’s foreign reserves rose by US$203 million to US$17.307 billion in February from US$17.104 billion in January, the central bank said on Tuesday.

Reserves have been sharply falling since a 2011 uprising that ousted President Hosni Mubarak but were lifted in July when Gulf Arab states sent billions of dollars after the army took over power from elected Islamist President Mohamed Morsi.

The values of Egypt’s net foreign reserves held by the Central Bank of Egypt during the last two years are as follows:

Month

Value (US$ Bln)

December 2010

36.005

January 2011

35.007

February 2011

33.321

March2011

30.106

April 2011

28.024

May2011

27.228

June2011

26.564

July2011

25.706

August 2011

25.008

September 2011

24.009

October2011

22.071

November 2011

20.1

December 2011

18.119

January  2012

16.3

February 2012

15.7

March 2012

15.1

April 2012

15.2

May2012

15.515

June 2012

15.533

July2012

14.442

August 2012

15.127

September 2012

15.042

October 2012

15.483

November 2012

15.035

December 2012

15.014

January 2013

13.613

February2013

13.508

March 2013

13.424

April 2013

14.4264

May 2013

16.039

June 2013

14.921

July 2013

18.88

August 2013

18.916

September 2013

18.709

October 2013

18.590

November 2013

17.765

December 2013

17.031

January 2014

17.104

February 2014

17,307

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