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FINANCIAL NEWS
Egypt’s foreign exchange reserves grow to USD36.143bn
07 Sep 2017
(MENAFN) Foreign exchange reserves at the Central Bank of Egypt grew to USD36.143bn at the end of August compared to USD36.036bn at the end of July.
Moreover, the nation’s foreign exchange reserves increased to USD36.036bn in July, a jump of USD4.7bn.
In July, the country has received the second tranche worth USD1.25 of its World Bank loan, reaching USD12bn over three years.
In addition, Egypt’s foreign and local public debt showed 107 percent of GDP at the end of March.
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MENAFN0709201700450000ID1095829134
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