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" international reserves"

60 results

Business - Economy
2/6/2022 4:12:56 PM
Egypt’s net international reserves (NIRs) edged up in January by $45 million to post $40.98 billion, up from $40.93 billion recorded in December, the Central Bank of Egypt (CBE) announced on Sunday.

Business - Economy
1/5/2022 4:31:07 PM
Egypt’s net international reserves (NIRs) rose slightly in December to reach $40.93 billion, up from the $40.90 billion recorded in November, the Central Bank of Egypt (CBE) announced on Wednesday.

Business - Economy
12/7/2021 3:26:33 PM
Egypt’s net international reserves (NIRs) rose by the end of November to $40.9 billion, up from $40.8 billion in October, the Central Bank of Egypt (CBE) announced on Tuesday.

Business - Economy
10/4/2021 7:43:52 PM
Egypt’s Net International Reserves (NIRs) rose slightly in September to $40.8 billion, up from the $40.6 billion recorded in August, the Central Bank of Egypt (CBE) announced on Monday.

Business - Economy
8/4/2021 8:54:00 PM
In June, the International Monetary Fund (IMF) approved the final review for Egypt’s stand-by arrangement (SBA) programme, through which Egypt secured a loan of $5.4 billion to enhance its second wave of economic reforms

Business - Economy
6/23/2021 8:18:00 PM
The SBA loan has helped Egypt replenish its international reserves that were severely hit by the pandemic, declining to $36 billion in March, down from $45.5 billion by the end of February 2020

Business - Economy
6/21/2021 1:11:19 PM
The figure accounts for 31.7 percent of Egypt’s net international reserves

Business - Economy
6/3/2021 5:50:29 PM

Business - Economy
4/26/2021 3:21:14 PM
The proceeds of this kind of auctions are used to replenish Egypt’s net international reserves (NIRs)

Business - Economy
4/4/2021 8:33:36 PM
In September 2019, Egypt’s NIRs recorded an all-time high of $45.1 billion, before going down to $40 billion iN march 2020, driven by the unprecedented blow to global financial markets arising from the COVID-19

Business - Economy
3/15/2021 1:01:38 PM
Egypt’s net international reserves rose for the ninth month in a row to reach $40.2 billion by end of February, up from $40.1 billion in January, according to the CBE

Business - Economy
3/7/2021 2:48:45 PM
The increase is the ninth for the NIRs since it started to bounce back last June after a sharp drop caused by the COVID-19 pandemic in 2020

Business - Economy
1/5/2021 9:41:33 PM
In September 2019, Egypt’s NIRs recorded an all-time high of $45.1 bln, before witnessing a significant drop in March 2020 driven by COVID-19

Business - Economy
9/8/2020 12:36:59 PM

Business - Economy
7/7/2020 4:11:38 PM
Since March, Egypt has seen a decline in its NIRs, which have been hit by the COVID-19 crisis with foreign investors selling their T-bills and bonds

Egypt - Politics
4/17/2020 2:05:00 PM
While Egypt’s net international reserves have dropped due to the coronavirus pandemic, the overall balance remains strong

Business - Economy
4/7/2020 11:41:16 PM
Egypt’s finances remain in good shape, the CBE says, with the institution ready to take whatever measures are necessary to weather exceptional current global conditions

Business - Economy
3/3/2020 12:00:08 PM
The CBE's international reserves have witnessed consecutive hikes since the implementation of the IMF's $12 billion extended loan arrangement

Business - Economy
10/2/2019 11:46:49 AM
According to CBE board member Fakhry Elfiky, the recent jump in international reserves stems from rising gold prices

Business - Economy
1/14/2018 7:00:00 PM
The government aims to preserve Egypt’s international reserves at their current level despite its obligations to repay billions of dollars in foreign debt in 2018

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