|06 August, 2019

Egypt’s international reserves go up by $565mln in July

The North African country’s foreign reserves rose to $44.916bln in July, compared to $44.351bln in the previous month

A customer counts his U.S. dollar money in a bank in Cairo, Egypt March 10, 2016.

A customer counts his U.S. dollar money in a bank in Cairo, Egypt March 10, 2016.

REUTERS/Amr Abdallah Dalsh

Cairo – Egypt’s international reserves increased by $565 million month-on-month in July 2019, according to a statement released on Tuesday by the Central Bank of Egypt (CBE).

The North African country’s foreign reserves rose to $44.916 billion in July, compared to $44.351 billion in the previous month.

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

Source: Mubasher

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