BREAKING: Egypt’s Foreign Reserves Rise to $17.489 bln in April
Egypt’s foreign reserves rose to US$ 17.489 bln in April from US$ 17.414 bln in March, the central bank said on Wednesday.
Reserves fell sharply after a 2011 uprising that ousted President Hosni Mubarak but were lifted last year when Gulf Arab states gave billions of dollars in aid to Egypt after the army deposed elected Islamist President Mohamed Morsi following protests against his rule.
The values of Egypt’s foreign reserves held by the Central Bank of Egypt during 2014:
|
Month |
Value (US$ Bln) |
|
January 2014 |
17.104 |
|
February 2014 |
17,307 |
|
March 2014 |
17.414 |
|
April 2014 |
17.489 |
