Remittances from Egyptians working abroad recorded a remarkable jump during the first eight months of 2025, surging 47.2% to reach $26.6 billion, up from $18.1 billion in the same period a year earlier, according to data released by the Central Bank of Egypt (CBE).
The sharp rise reflects renewed confidence in Egypt’s financial system and an improvement in foreign currency inflows amid ongoing efforts by the government and the central bank to stabilize the exchange rate and strengthen external balances.
On a monthly basis, remittances in August 2025 climbed 32.6%, reaching $3.5 billion, compared with $2.6 billion in August 2024.
The data signal a sustained recovery after a period of volatility in foreign transfers during the previous two years, when global inflation and currency pressures weighed on Egyptian expatriates’ ability to send money home.
The CBE also reported that Egypt’s net international reserves rose to $49.53 billion at the end of September 2025, marking the ninth consecutive monthly increase and the highest level on record since the bank began publishing modern data.
The reserves grew by $282.4 million from $49.25 billion in August, an increase of roughly 0.57%, reinforcing Egypt’s external financial position at a time when the country is working to attract foreign investment and strengthen its balance of payments.
The surge in remittances coincides with efforts by Egyptian authorities to manage inflationary pressures, which saw core inflation rise to 11.3% in September, and to expand digital banking services, including through the newly launched “Haweya” platform by the Central Bank.
Remittances remain one of Egypt’s largest sources of foreign currency, alongside revenues from the Suez Canal, tourism, and natural gas exports, all of which are critical for maintaining currency stability and meeting external obligations.
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