Cairo – Mubasher: Egypt's foreign reserves rose to $42.61 billion at the end of January, data by the Central Bank of Egypt (CBE) showed.
It is worth noting that the North African country’s net foreign reserves stood at $42.55 billion last December.
Egyptian finance minister Mohamed Maait had announced that Egypt received the fifth tranche worth $2 billion of the International Monetary Fund’s (IMF) $12 billion loan.
The IMF would conduct the final review of Egypt’s $12 billion loan programme next June.
Prior to the 25th January revolution in 2011, Egypt’s foreign reserves amounted to around $36 billion.
