Egypt's foreign exchange reserves reach $ 44.5 billion in October | the latest information



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The Egyptian Central Bank (CBE) said net foreign reserves were $ 44.501 billion at the end of October, up 0.9% from the previous month.

The cash reserve amounted to $ 44.459 billion in September 2018.

Egypt's foreign exchange reserves have been rising steadily since Tariq Amer took office as central bank governor in October 2015 and have only fallen twice in July and October 2016. .

The Central Bank of Egypt has not announced the reasons for the increase in reserves for October.

Egypt's external debt stood at $ 92.64 billion at the end of June, up 17.2% year-on-year.

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