Egyptian expats' remittances hit $3bn in May – CBE

Cairo – Mubasher: Remittances from expatriate Egyptians rose by $894.7 million month-on-month in May, the Central Bank of Egypt (CBE) revealed.

Egyptians’ remittances totalled $3 billion in May, compared to $2.1 billion a month earlier, the CBE said in a statement on Monday.

Year-on-year, total remittances from Egyptian expats increased by $390.1 million from $2.6 billion in May 2018.

Mubasher Contribution Time: 26-Aug-2019 12:52 (GMT)
Mubasher Last Update Time: 26-Aug-2019 12:52 (GMT)