Egypt’s gold reserves level up 2.5% in June

Cairo – Mubasher: Egypt’s gold reserves increased by $70 million, or 2.54% month-on-month, at the end of June, data by the Central Bank of Egypt (CBE) showed.

The North African nation’s reserves of the precious metal valued at $2.82 billion last month, compared to $2.75 billion in May, according to the CBE.

The country’s special drawing right (SDR) of the International Monetary fund (IMF) grew to $453 million last month, versus $448 million in May.

Egypt’s foreign exchange reserve inched up by $76 million in June, compared to May, registering $44.351 billion.

Mubasher Contribution Time: 06-Jul-2019 15:19 (GMT)
Mubasher Last Update Time: 06-Jul-2019 15:22 (GMT)