The figure reflects a monthly surge of 2.4 percent or $1.235 billion, up from $50.2 billion at the end of November 2025. NIRs also rose by 8.8 percent or $4.185 billion in 2025.
Egypt's NIRs have kept the upward trajectory throughout the year, as the government has been pursuing tighter fiscal and monetary policies by expanding private-sector participation, improving the investment climate, and enhancing trade efficiency to position the country as a regional hub for exports and supply chains. With Egypt's key macroeconomic indices showing significant improvement.
Egypt’s NIRs surged by nearly 25.5 percent or $10.45 billion from April 2024 until December 2025 in response to the corrective measures the CBE applied on 6 March 2024.
Reserves surged at the end of April 2024 to its highest level in four years to post $41 billion, up from $40.4 billion at the end of March the same year, after the CBE raised interest rates by six percent to contain high levels of inflation, restore the stability of prices of goods and services in the local market, and bolster hard currency liquidity to improve the inflow of remittances.
Global credit rating agency Fitch Ratings said that Egypt has maintained greater exchange-rate flexibility since March 2024, noting that the banking sector remains “resilient and highly liquid” despite regional tensions affecting the Suez Canal.
This is supported by the pending approval of the fifth and sixth reviews of the International Monetary Fund’s $8 billion Extended Fund Facility (EFF) program, and the $1.3 billion Resilience and Sustainability Facility (RSF) deal, which reached a staff-level agreement last month, alongside suggested reforms like a flexible exchange rate and proceeds from deals like Ras El-Hekma. The IMF forecasted continued growth for Egypt's external position against shocks, helping stabilize the currency and meet import and debt obligations.
Egypt is expected to continue in 2026 with stronger macroeconomic footing, on the back of robust foreign-currency inflows, improving external balances, and steady progress on structural reforms to support business sentiment and ease financing pressures on companies. The outlook hangs on expectations of a $2.5 billion disbursement under the EFF program, with inflation is projected to fall to around 11 percent by June 2026.
Short link: