CAIRO- Egypt's net foreign reserves increased to $40.609 billion July from $40.584 billion in June, the central bank said on Wednesday.

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the impact of the coronavirus pandemic.

(Reporting by Yousef Saba; Editing by Jon Boyle) ((Yousef.Saba@thomsonreuters.com; +971562166204; https://twitter.com/YousefSaba))