URGENT: Egypt’s net FX reserves hit $46.597b in August – CBE

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By Yomna Yasser
Egypt Central Bank of Egypt's
The Central Bank of Egypt's (CBE) headquarters in the new administrative capital (CBE Photo)

Egypt’s net foreign exchange reserves marginally rose to $46.597 billion by the end of August, compared to $46.488 billion by the end of July, according to a Central Bank of Egypt (CBE) provisional data on Thursday.

This marks about $108.4 million increase, or a monthly growth rate of approximately 0.24 per cent.

Attribution: CBE data

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