Egypt’s forex reserves rise to $16.422bn in November

Cairo – Mubasher: Egypt's foreign currency reserves rose to $16.422 billion at the end of November, up $7 million from $16.415 billion in October, the central bank said on Thursday.

The country’s forex reserves rose in October by $80 million to $16.41 billion, from $16.33 billion in September.

Egypt's foreign reserves stood at about $36 billion before the 2011 popular revolt that toppled former president Mubarak.

Mubasher Contribution Time: 03-Dec-2015 15:29 (GMT)