Latest in Tag: International reserves Highlight

Advertising Area





Latest in Tag: International reserves


CBE

International reserves reach $26.363bn in January, increase by $2.1bn 

The Central Bank of Egypt has announced on Sunday that Egypt’s international reserves reached $26.363bn in January, marking an increase of almost $2.1bn from December 2016’s value of $24.265bn. Since 2011, Egypt’s foreign currency reserves have been constantly drained at unsustainable rates to prevent currency devaluation. By October 2016, foreign reserves had dropped to $19bn …

Mohamed Samir

End of Section