Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
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foreign reserves
Egypt’s Foreign Reserves Surge By $18 Mln In June
Egypt's foreign reserves rose by $18 million in June to $15.53 billion, their third month of increases after having…
CBE: Current Account Deficit Surged To $ 6.4 Bln As Tourism,FDI Fell
The Central Bank of Egypt (CBE) said nine-month current account deficit widened to $6.4 billion from $4.7 billion…
Foreign Reserves To Rise On Better Economy
Egypt’s prime minister said he expects net international reserves to climb in coming months on the back of…
AfDB 2023