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Tuesday, 24 November 2020

Egypt's foreign remittances up 5.7 pct in first 11 months of 2018

Reuters , Tuesday 29 Jan 2019
File Photo: Central Bank of Egypt's headquarters is seen in downtown Cairo (Photo: Reuters)
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Egypt’s remittances from workers abroad rose 5.7 percent to around $23.3 billion in the first 11 months of 2018, the central bank said on Monday.

The remittances, which are one of the country’s main sources of foreign currency, stood at around $22.1 billion in the same period a year earlier. 

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