Egypt’s gold reserves rose to $11.154b in October – CBE

Egypt’s gold reserves, a key component of its international reserves, recorded $11.154 billion at the end of October, up from $10.723 billion in September, according to Central Bank of Egypt (CBE) data released on Wednesday.

The foreign currencies’ value also saw a slight decline, reaching $35.497 billion in October compared to $35.996 billion in September.

Overall, Egypt’s net foreign reserves grew to $46.941 billion by the end of October, up from $46.736 billion by the end of September.

Attribution: CBE