Cairo – Mubasher: Total foreign holdings of Egypt’s sovereign debt amounted to $17.5 billion since the exchange rate's libralisation until the end of June, Egyptian finance minister Mohamed Maait said.
Overseas investments in the government’s debt instruments have resumed in the recent two weeks, deputy finance minister Ahmed Kojak commented during a press conference on Thursday.
It is worth noting that the foreign inflows have fallen in June by $23.1 billion, as compared with in last March, according to Reuters.
Earlier this month, Maait stated that total foreign holdings of Egypt’s sovereign debt reached below $19 billion.
