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English news

05-Mar-2019

Foreign reserves rise to USD44.1bn in Feb

Egypt’s net foreign reserves rose to USD44.06bn at the end of February, the central bank said on Monday, up from USD42.616bn in January. Egypt’s foreign reserves stood at USD42.524bn at the end of February last year. The change was driven by Egypt’s receipt of the fifth IMF tranche worth USD2bn. 

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