The Central Bank of Egypt has revealed a net increase in international reserves by 109 mn during the past mont

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Foreign Reserves rise to $34.66 bn by May-2023end

FirstBank

The Central Bank of Egypt has revealed a net increase in international reserves by $109 mn during the past month, reaching $34.66 bn by the end of May 2023, compared to $34.551 bn at the end of April 2023.

It is worth mentioning that the Central Bank of Egypt previously announced an increase in foreign cash reserves by $104 mn in the month of April, bringing the total to $34.551 bn, compared to $34.447 bn at the end of March 2023