Tuesday, January 31, 2023
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina



Egypt’s foreign exchange reserves rise

Egypt’s foreign exchange reserves rise

Cairo, Feb 8 (Prensa Latina) Egypt's foreign exchange reserves rose to 40.98 billion dollars in January, some 45 million more than in December, the Central Bank reported on Tuesday.

A communique from the banking entity stated that the total amount is divided into foreign currencies, gold, special drawing rights and loans from the International Monetary Fund.

Egypt’s international reserves fell to their lowest level in June 2020 due to the Covid-19 pandemic when they dropped to 36 billion dollars, although since then, the figure has been growing every month.

The basic sources of foreign exchange earnings for Egypt are the Suez Canal, tourism and remittances from workers abroad.


name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.