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Tuesday, 27 October 2020

Egypt's foreign reserves rise to $45.354 bln in November

Reuters , Tuesday 3 Dec 2019
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Views: 1431

Egypt’s net foreign reserves rose to $45.354 bln in November from $45.247 bln in October, the central bank said on Tuesday.

Reserves climbed sharply after Egypt embarked in 2016 on a three-year, IMF-backed economic reform programme.

They have seen smaller increases since the summer of 2018.


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