Egypt’s foreign reserves hit $44.06bn in February

Cairo – Mubasher: Egypt’s foreign reserves jumped by $1.45 billion month-on-month last February, data by the Central Bank of Egypt (CBE) showed.

The North African nation’s international reserves reached $44.06 billion at the end of February, according to the CBE.

It is worth noting that foreign reserve stood at $42.61 billion in January, versus $42.55 billion last December.

Prior to the 25th January revolution in 2011, Egypt’s foreign reserves amounted to around $36 billion.

Mubasher Contribution Time: 04-Mar-2019 13:21 (GMT)
Mubasher Last Update Time: 04-Mar-2019 13:30 (GMT)