Egypt’s Foreign Reserves Hit Record $52.6bn in January 2026

Egypt’s Cabinet Media Center announced that the country’s net international reserves reached a historic high of $52.6 billion in January 2026, reflecting continued improvement in external sector indicators over the past year.

In a series of infographics published on its official social media platforms, the Cabinet said the record level underscores the success of government efforts to boost foreign currency resources and strengthen external financial stability. The statement attributed the gains to effective monetary policies, structural reforms, and the prudent policy framework of the Central Bank of Egypt, which helped stabilise the exchange rate and reinforce confidence in the Egyptian economy.

According to the data, reserves rose steadily in recent months, reaching $52.6 billion in January 2026, up from $51.5 billion in December 2025, $50.2 billion in November, and $50.1 billion in October. The upward trend extended throughout 2025, with reserves climbing from $47.3 billion in January 2025 to the current record level.

The Cabinet also highlighted a 25.9% decline in the current account deficit, which narrowed to $15.4 billion in FY 2024/2025, compared with $20.8 billion in the previous fiscal year.

Officials attributed the improvement primarily to a strong recovery in foreign currency sources. Tourism revenues rose by 16.3% to about $16.7 billion in FY 2024/2025, up from $14.4 billion a year earlier. Exports also increased by 15.6%, reaching approximately $47.5 billion during the January–November 2025 period, compared with $41.1 billion in the same period of 2024, according to data from the Central Agency for Public Mobilization and Statistics.

The Cabinet said the continued rise in reserves reflects Egypt’s improved ability to withstand global economic challenges and maintain external financial stability.