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Sunday, 24 June 2018

Remittances from expatriate Egyptians at $14.5 bln since currency float

Reuters , Sunday 10 Sep 2017
Views: 3364
Views: 3364

Remittances from expatriate Egyptians have reached $14.5 billion in the period since Egypt floated its currency in November through July, a central bank statement said on Sunday.

That figure is up from $12.6 billion during the same period the previous year, the statement said.

Remittances for the month of July rose to $1.8 billion compared with $1.2 billion during July last year, it said. 

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