The Central Bank of Egypt's headquarters in downtown Cairo (Photo: Reuters)
Egypt's net foreign reserves rose to $17.52 billion at the end of May, the central bank said on Wednesday. Reserves stood at $17.011 billion at the end of April.
Egypt had roughly $36 billion in reserves before an uprising in 2011 overthrew Hosni Mubarak. That ushered in a period of political turmoil that scared away tourists and foreign investors, key sources of foreign exchange.