Egypt's net foreign reserves fell to $16.35 billion by the end of January 2012, down some $1.77 billion on the previous month, a statement on the Central Bank of Egypt's website said on Tuesday.
The country's reserves stood at $18.12 billion at the end of December.
2011 saw Egypt’s total reserves fall by half. Just before the revolution erupted, the central bank stored around $36.01 billion.
In the 12 months since the popular uprising, the national economy has been hit by declining tourism revenues and investment outflows resulting from sporadic political unrest.
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