Cairo – Mubasher: Egypt’s net international reserves rose by $391 million at the end of September 2017.
Egypt’s foreign exchange reserves increased to $36.535 billion in September from $36.143 billion in August, according to a statement by the Central Bank of Egypt (CBE) on Monday.
The CBE had previously announced that the country’s foreign exchange reserves reached $36.036 billion in July 2017.
Egypt is implementing an economic reform programme in coordination with the International Monetary Fund (IMF), in order to obtain a $12 billion loan, as the government got the first tranche of $2.75 billion in November 2016.
