Central Bank of Egypt Governor Hassan Abdalla said Egypt’s net international reserves rose to $52.6 billion in January 2026, the highest level on record, compared with $33.1 billion in August 2022.
The reserves are sufficient to cover approximately 6.9 months of merchandise imports, exceeding internationally recognized adequacy benchmarks.
This came during a meeting with President Abdel Fattah el-Sisi on Saturday to review developments in the banking sector and monetary policy performance during 2025, amid signs of strengthening financial stability.
According to presidential spokesperson Mohamed El-Shennawy, the meeting highlighted continued improvements in financial soundness indicators, underscoring the resilience of the Central Bank of Egypt and the broader banking sector, as well as their capacity to support macroeconomic stability.
The central bank’s dual role as monetary authority and financial adviser and agent to the government was also emphasized.
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