CBE: Foreign reserves up to 24.26 bn in Dec.
The Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt (CBE) on Thursday said its foreign reserves increased by 5.2 percent to hit 24.265 billion by the end of December, compared to 23.05 billion dollars in November.
Egypt's net foreign reserves have plunged more than half the volume since the 2011 revolution, which scared off tourists and investors – both considered main sources of foreign currency for Egypt.
In January 2011, Egypt's net reserves stood at some $36 billion.
- Saturday ,11 March GMT 20:00 2017 CBE: banks could secure $21bn to fund foreign trade since flotation of pound
- Friday ,10 March GMT 23:45 2017 Egypt's foreign trade worth $21 billion since currency flotation: CBE
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
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