Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egypt's Foreign Exchange Reserves Rise to $35.1 Billion


Sun 05 Nov 2023 | 08:30 PM
The Central Bank of Egypt (CBE) headquarters, Cairo.
The Central Bank of Egypt (CBE) headquarters, Cairo.
Taarek Refaat

The Central Bank of Egypt (CBE) announced an increase in net foreign reserves during October 2023 by about $131 million on a monthly basis.

According to data from the CBE, net foreignl reserves reached $35.101 billion in October compared to $34.970 billion at the end of the previous September.

It is worth noting that the reserves rose to $34.970 billion in September, compared to $34.928 billion at the end of the previous August.

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