Last Update 18:54
Tuesday, 18 December 2018

Central Bank of Egypt: Foreign reserves rise to $44.5 bln in October

MENA , Monday 5 Nov 2018
Central Bank of Egypt
File Photo: Central Bank of Egypt sailed well through the Financial Crisis. (Photo: Reuters)
Share/Bookmark
Views: 2562
Share/Bookmark
Views: 2562

Egypt’s foreign currency reserves spiked by $42 million to reach $44.501 billion in October against $44.459 billion in September, the Central Bank of Egypt (CBE) announced on Monday.

Reserves have been climbing since Egypt agreed a $12 billion three-year loan programme with the International Monetary Fund in late 2016, part of efforts to attract foreign investors and revive the economy.

Search Keywords:
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.