URGENT: Egypt’s net FX reserves edge up to $49.53b in Sept – CBE

Egypt’s net foreign exchange reserves rose to $49.534 billion at the end of September, from $49.251 billion a month earlier, provisional central bank data showed on Monday.

The $283 million increase marks a 0.57 per cent month-on-month gain, reflecting stronger external liquidity and improved investor confidence.

Attribution: Amwal Al Ghad English

Leave a comment